Africa: MP says if you give $10 billion to Air Zimbabwe today, they will come back for more money next year

Africa: MP says if you give $10 billion to Air Zimbabwe today, they will come back for more money next year The Member of Parliament for Mabvuku-Tafara, James Maridadi, says Zimbabwe’s parastatals are so badly run that even if you inject $10 billion into Air Zimbabwe today, it will be back asking for more money from the government next year. […]

Read more

Aviation: Air Zimbabwe looks for wide Bodied plane to start Harare-Lagos flight

The country’s beleaguered airline, Air Zimbabwe (AirZim), is scouting for modern passenger aircraft and has initiated negotiations for the lease of Boeing 787 Dreamliner planes from a Malaysian airline, the Financial Gazette has learnt. The Boeing 787 Dreamliner is an American long-haul, mid-size wide body, twin-engine jet airliner manufactured by Boeing Commercial Airplanes. The current search, which comes hard on […]

Read more

Africa: Loss making Air Zimbabwe gets former Pilot as new CEO

Zimbabwe’s National Airline Air Zimbabwe also known as Airzim, has appointed a new Chief Executive. Appointed is Ripton Muzenda, son to the late Vice President Simon Muzenda. He is taking over from Edmund Makona who was acting CEO since September 2013. HE Walter Mzembi, Minster of Tourism posted on social media: Congratulations are in order, makes the most sense! Loyalty […]

Read more

Aviation industry could transform Africa — Air Zimbabwe boss

BY TARISAI MANDIZHA The aviation industry continues to be key to the transformation of African economies such as Zimbabwe, despite the country’s economic challenges, experts have said. Speaking at the International Air Transport Association (IATA) day celebrations in Victoria Falls, African Airlines Association president and Air Zimbabwe acting chief executive officer Edmund Makona said aviation had created 6,1 million jobs […]

Read more

Struggling Air Zimbabwe leases 2 planes for $20million from Chinese firm

Lloyd Gumbo Harare Bureau AIR Zimbabwe is leasing two airbus aircraft at $200,000 each per month since 2012 from a Chinese company Sonangol, which has seen the national airline accruing arrears as it is failing to break even, Parliamentarians heard yesterday. All things being equal, the national airline must have paid the Chinese company about $20 million for the two […]

Read more

Zimbabwe to host African airlines Association meeting in November

Air Zimbabwe’s turnaround strategy is set to receive a major boost this year after the national airline won the right to host the 48th African Airlines Association (AFRAA) annual general assembly (AGA) in Victoria Falls later this year. The event, which will take place from November 20 to November 22, is expected to attract 400 high profile delegates from Africa, […]

Read more

Zimbabwe Shields struggling Air Zimbabwe from competition

ZIMBABWE – Zimbabwe says it is protecting its struggling national carrier – Air Zimbabwe – by refusing to grant permission to airlines that want to service the lucrative Harare- London route. Air Zimbabwe has not been servicing the route since 2012 after creditors threatened to seize its planes over debts. The collapse of the airliner has seen a number of low […]

Read more