24 May 2012
 
New Zimbabwe Header
PM draws fire over China delegation size
No vacancy for Zanu PF leader: Gumbo
UN envoy gets Mugabe history lesson
Chitungwiza councillor 'sold 388 stands'
MORE NEWS
Econet secures US$363m loan
Mimosa loses 75,000t ore to mine fire
MORE BUSINESS
'Unpatriotic' Roki gets axe warning
Roki and Maneta: how 'stuff hit the fan'
MORE SHOWBIZ
H'landers stretch lead as Dynamos held
Frimpong joins great trek to Harare
MORE SPORTS
Why Zuma's Spear should stay up
Zuma painting an attack on blacks
MORE OPINION
 
Facebook: reward for innovation
MORE COLUMNISTS
 

Air Zimbabwe seeks US$500m for new planes

03/01/2011 00:00:00
by Staff Reporter
 
 
RELATED STORIES
Air Zim faces SA plane seizure threat
Air Zim grounded as pilots strike
Air-Zim troubles mirror parastatal malaise
Air Zimbabwe strike enters week two
Flight chaos as Air Zim pilots strike
Air Zim adds new flights to London
MPs warn Biti over Air Zim
Air Zim names acting CEO
Air Zimbabwe CEO Chikumba quits
Air Zimbabwe gets paint job
New concerns over Air Zim plane
Air Zim plane in fire scare
Air Zim property under the hammer
Air Zimbabwe back in the air
Air Zim says pilot strike over
Air Zim buys 2 Airbus planes
Air Zim fires striking pilots
Air Zim pleads with striking pilots
Fly or be fired: Air Zim tells pilots
Air Zimbabwe strike: 190 stranded
Air Zimbabwe strike grounds planes
Fake 'crash' fall-out focuses on CAAZ
Plane 'crash' was a drill: officials
Air Zimbabwe '50pc punctual'

AIR Zimbabwe has requested US$500 million from the government -- its sole shareholder -- to buy four new planes, officials said.

Airline chairman Jonathan Kadzura said the national carrier wanted to buy two jets for regional routes and two long-haul aircraft to beef up its current fleet made up of 30-year-old planes.

He said the existing fleet was not viable to operate in terms of fuel consumption and costly regular servicing.

"We have taken our request for capital to the shareholder and we are still awaiting a response. We need to get two regional planes and two long-haul planes," he said.

"That could cost half a billion dollars," said Kadzura.

Air Zimbabwe flies to many regional routes in southern Africa, and internationally to the United Arab Emirates, China and the United Kingdom. But it is severely cash-strapped and unable to even pay its staff.

Last week, its pilots went on strike over pay, the latest in a series, as its chief executive officer Peter Chikumba announced he was leaving.

In September, the state-run Sunday Mail newspaper reported that Air Zimbabwe had placed an order for two Airbus A340-200 aircraft at a cost of US$400 million. The airline denied making the order at the time.

Air Zimbabwe currently flies two Boeing B767-200s, three B737-200s and three Chinese Xian MA 60 turboprops.


Advertisement


 
Email this to a friend Printable Version Discuss This Story
 
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
 
 
RSS NewsTicker