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New fleet of small aircraft for Air Zimbabwe to cost around $770 million

7 years agoMon, 13 Feb 2017 22:37:21 GMT
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New fleet of small aircraft for Air Zimbabwe to cost around $770 million

Responding in Parliament recently, Transport and Infrastructural Development Minister Dr Joram Gumbo said that Government is in the process of acquiring a new fleet of small aircraft for Air Zimbabwe at an estimated cost of $770 million.

Said Gumbo:

The airline, at the very least, requires aircraft suitable for domestic, regional and international routes at an estimated cost of $770 million. This will involve procuring three small jets for the domestic market and an appropriate mix for other regional and international aircraft in line with the airline turn-around strategy. Government is in the process of acquiring a new fleet of the national airline which suits local, regional and international market. This will greatly improve adherence to schedules by the airline.

Dr Gumbo said Air Zimbabwe, which is scouting for a strategic partner is in urgent need of recapitalisation to start sustainable operations.

More: Chronicle

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