Troubled low-cost airline fastjet (AIM:FJET) announced the appointments of a new Non-Executive Chairman, a Non-Executive Director and a new Chief Financial Officer.
According to the Tanzania Airports Authority (TAA), currently (2016), there are 21 airlines operating at the Julius Nyerere International Airport (JNIA), Tanzania’s largest and busiest airport. These airlines include:
Air Tanzania is the flag carrier airline of Tanzania based in Dar es Salaam with its hub at JNIA. It was established as Air Tanzania Corporation (ATC) in 1977 and wholly owned by the Tanzanian Government until 2002 when it was partially privatized.
The Government therefore reduced its shareholding to 51% and entered into a partnership with South African Airways. The partnership ended in 2006 when the Government of Tanzania repurchased the shares and the airline became once again a wholly owned government company.
The aircrafts are delivered with a 76-seat configuration at the price of USD62m. The purchase is part of ATCL’s plan to expand in Tanzania and the African region.
Tanzanian air carrier Precision Air (DSE: PAL) announced that it will relaunch flights to Entebbe after a market study revealed that there was demand for…
As of December 13th, 2016, Turkish Airlines (BIST:THYAO) launched a new route from Istanbul to Zanzibar (Istanbul-Kilimanjaro-Zanzibar-Istanbul), which will be operated three times per week.
The Government of Tanzania has purchased a B787-8 aircraft with a 262-seat configuration from American manufacturer Boeing.
The Government of Tanzania recently signed a USD200m purchase agreement with Canadian manufacturer Bombardier for two CS300 jetliners and one Q400 turboprop aircraft.
The Tanzania Tourist Board (TTB) and Air Tanzania Company Limited (ATCL), the country’s national carrier, recently signed a Memorandum of Understanding (MoU) for travel and…
Air Tanzania Company Limited (ATCL) recently saw the delivery of two Q400 aircrafts from Canadian manufacturer Bombardier following the purchase agreement signed in August 2016.
The Government of Tanzania recently signed a purchase agreement for two Q400 aircrafts with Canadian manufacturer Bombardier.
On July 21st 2016, the African low cost carrier Fastjet (AIM:FJET) announced its plans to raise additional capital of GBP19.2m through the issue of shares.
Tanzania’s low cost airline Fastjet (AIM: FJET) recently introduced the option to pay for flights using new PesaPal mobile money platform.