Monday, June 10, 2013

■ TANZANIA: Precision Air announces operational review; Harare flights to begin "shortly".

Precision Air Tanzanian operator, Precision Air (PW), has announced it is in the process of reviewing its operational 5-year plan as part of its expansion and business review. According to CEO, Sauda Rajab, her airline intends to review its operational and fleet expansion measures while reassessing its current position on the Tanzanian and regional markets.

Precision Air 737The next 5 years will be exciting ones for the Airline and the plan will involve massive growth in Precision Air’s operations and will therefore require major injection of funds. Various investment options are being reviewed and once the plan has been finalized and approved by the Board it will be shared with various stakeholders and the public at large” said Ms. Rajab.
The Airline is said to have continued to register a positive growth trend in passenger uplifts of 12% above last year’s records. The performance is attributed to the increase in passenger numbers mainly in the Lake and Coast Zones. Despite the Airline’s suspension of operations in Musoma and Shinyanga to pave way for the Airport renovation exercise, Precision Air’s uplifts in the Lake Zone increased by 44% compared to 2011/12. The Coast Zone also saw an increase of 18% compared to prior year due to the increased demand on the Mtwara route.
Our Lake Zone and Northern zone influence and dominance as evident from the records remain uncontested todate and continue to be one of our successful routes despite what others claim. The Southern penetration with our launch for Mbeya is still vibrant. In just 6months, we are now flying ten (10) times a week to Mbeya from the initial launch 4times weekly in January.”
Additionally, the long delayed route to Harare, Zimbabwe will soon be launched, she ended.

However, recent press reports out of Dar es Salaam paint a different picture. Among other mitigating factors, fastjet's (FN) entry into the market is said to have had a serious effect on the airline's finances, resulting in it returning one of its two B737-300s.