fastjet (FN) has announced a USD24.9million EBIT loss for the first half of its 2013 Financial Year ended 30 June 2013. In its statement, the company said that its Tanzanian LCC is now profitable "on an underlying route level basis", though it did post operational losses of USD9.1million and USD4.2million in 1Q and 2Q of this year respectively.
Tuesday, October 1, 2013
Monday, September 30, 2013
Friday, September 27, 2013
► SOUTH AFRICA: DoT redtape forces Fastjet to suspend launch of Dar es Salaam - Johannesburg flights.
fastjet (FN) has announced that its first international flight between Dar es Salaam and Johannesburg, previously scheduled to take place on Friday 27 September 2013, has been temporarily postponed owing to what it claims are "unexpected administrative delays caused by a very late request for additional documentation by the South African Department of Transport".
Wednesday, September 18, 2013
Tanzanian operators Auric Air (H8) and Flightlink have announced the launch of two new domestic routes. Auric has started a 4x weekly operation from Dar es Salaam to Njombe via Iringa while Flightlink has begun double daily Dar es Salaam to Mtwara, south-eastern Tanzania flights. Both routes became effective September 16.
Monday, September 16, 2013
The Mayotte Chamber of Commerce and Industry (CCI Mayotte) along with Air Austral (UU) and the Yland Investment consortium officially signed an investment contract last week effectively breathing life into the new Dzaoudzi-based regional carrier, Ewa Airlines.
Tuesday, September 10, 2013
■ DUBAI: Emirates appoints Orhan Abbas as Senior VP for its Southern & Central Africa, Latin American Commercial operations.
Friday, September 6, 2013
Tanzania's Precision Air (PW) has confirmed sustaining a hefty loss of TZS30.4billion (USD18.84million) for its most recent 2012/13 Financial Year ended March 31, 2013. In their statement, the the Board of Directors of Precision Air Services Plc said that while total revenues had grown by 8.2% on the previous years figures to TZS176.4billion (USD109.3million), the loss was attributable to rising fuel, maintenance and equipment costs, rising personnel expenditure and an unfavourable USD exchange rate also taking its toll.
Wednesday, September 4, 2013
In a departure from the orthodox LCC business model, fastjet (FN) has signed an agreement with freight specialists, BidAir, in which it will carry belly-hold cargo on its fleet of Airbus A319s. According to the LCC, it intends to carry "dry" cargo such as post and newspapers.
Tuesday, September 3, 2013
South African LCC, mango (JE), will début its first scheduled international operations between Johannesburg (OR Tambo International) and Zanzibar effective September 21. The twice weekly flights will operate on-board a B737-800.
Thursday, August 29, 2013
National carrier, Air Tanzania (TC), has joined the growing list of Tanzanian airlines that have been forced to trim their workforces down with reports that 128 out its original 300-strong staff have now been let go.
As previously reported, fastjet (FN) has announced the launch of flights from Dar es Salaam to Mbeya (Songwe airport) with effect from November 1. The route will operate 3x weekly on-board an Airbus A319. Reservations will open this week.
Wednesday, August 28, 2013
■ TANZANIA: Omani consortium Al-Hayat resurfaces with its $100mln investment plans for Air Tanzania.
Mysterious Omani consortium, Al-Hayat Development and Investment Limited, has surfaced once again in the Tanzanian commercial hub of Dar Es Salaam and once again it is touting a USD100million investment initiative for struggling national carrier, Air Tanzania (TC).
Friday, August 23, 2013
Struggling LCC fastjet (FN), is set to become the second major Tanzanian carrier to embark on a redundancy drive following reports that it is in consultations with its employees regarding pending staff cuts aimed at trimming its head-count by 12%.
Tuesday, August 20, 2013
Monday, August 19, 2013
■ TANZANIA: TAA's big dreams for Kajunguti airport stall over its price tag as Kenya, Uganda push ahead with their own upgrades.
The Tanzanian Airports Authority says it requires USD20billion to develop and construct Kajunguti International Airport, located in the north eastern province of Kagera, as a means of boosting the region's profile in the great Lakes region. Kagera forms part of Tanzania's border with Uganda, Rwanda, and Burundi, and lies across Lake Victoria from Kenya.
Friday, August 16, 2013
■ TANZANIA: Precision Air to post loss during latest Financial Year; asks government for $32mln in funding.
Tanzania's Precision Air (PW) will this year post a heavy loss, the airline’s board chairman, Mr Michael Shirima, has announced. In addition, the airline has reportedly asked the government, among various other undisclosed financial institutions, for TZS51.2billion (USD32million) in funding to help cover bank loans and instalments for its TZS218billion (USD136million) order with ATR which includes four ATR42-600s and one ATR72-600.
Thursday, August 15, 2013
The Tanzania Civil Aviation Authority (TCAA) has issued a tender for the provision of ground-handling services at the country's airports excepting Dar es Salaam's Julius Nyerere International Airport which the body claims, already has adequate licence holders awaiting to be concessioned by the Tanzania Airports Authority,
Tuesday, August 13, 2013
fastjet (FN) says one of its three Airbus A319s was temporarily grounded in Tanzania following a birdstrike on August 8. The incident resulted in some flights between Dar es Salaam and Mwanza being cancelled.
Monday, August 12, 2013
With the recent launch of its first regional flights to Lilongwe, Malawi, Proflight Zambia (P0) is mulling adding three further international destinations to its growing network by mid-2014, effectively making Lusaka a regional hub for air travel.
Tuesday, August 6, 2013
The Zanzibari House of Representatives has taken the government there to task over continuous delays and cost overruns in the construction of an urgently needed new international terminal (Terminal II) at Zanzibar's Abeid Amani Karume International Airport.