Monday, June 11, 2012

► TANZANIA: Precision Air further delays Harare & Lilongwe to August amid strong growth.

Precision Air Tanzanian carrier Precision Air (PW) over the weekend announced that its planned new routes to Harare, Zimbabwe and Lilongwe, Malawi, would only begin "in August this year" instead of early July as originally planned as the airline intends to await the arrival of more aircraft prior to servicing the new routes.

Precision Air's ATR 42
Precision Air's ATR 42 in Nairobi (Alexander Johmann)

Also announced  by Precision Air Chief Executive Officer, Alfonse Kioko was a strong profit of 1.1billion Tanzanian Shillings in spite of heavy fuel and operating costs.

"“At the moment, our fuel bill consumed 40 per cent of operation costs. This is after the price almost doubled since last year to 1.25 US dollars,” Chief Financial Officer Charles Ogolla Ogolla said."