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Showing posts from April, 2015

Precision Air resumes flights to Tabora

Tanzania’s premier airline, Precision Air (DSE:PAL) is resuming its operations into Tabora effective May 15th, 2015.


A note from Precision Air read that "Please take note that starting from May 15th  this year, we shall start our flight operations between Dar-es-Salaam –Tabora and Tabora – Kigoma."
According to Precision Air, flights will be operating every Monday, Wednesday and Friday with special opening fares of just TZS 267,000 (one way and tax inclusive) or TZS 399,000 ( Return and tax inclusive).
 This is great news for the people of Tabora and the travel community at large.
Tanzania as a country is blessed with ample opportunities in travel trade and tourism but still a big part of this country remains excommunicated though rich with tourist attractions. 
Tabora and Kigoma regions are located in western Tanzania and counted as tourist hot spots due to their historical attractions and the presence of chimpanzees there, but for years they lacked air transport infrastructure …

Kenya Airways to sell assets, seeks loan to navigate cash crunch

Kenya Airways is to sell some older planes and land and is negotiating a bridging loan to help it through a cash crunch caused by a drop in passenger numbers.
The carrier, part-owned by AirFrance-KLM, made a big loss in the half-year to September after a spate of Islamist militant attacks drove tourists away from Kenya and made it tough to fill its fleet of new Boeing 787 Dreamliners. Chief Executive Mbuvi Ngunze said the outlook for the peak holiday season in July and August was steady for now but could be hurt by the latest attack in Kenya. An assault on Garissa university in the northeast killed 148 people.Some beach hotels and safari lodges have already reported cancellations. The company reported first-half losses of 12.5 billion shillings ($134 million), while passenger numbers were down to 64 percent of capacity in the period from 69 percent in the prior year period. The airline's shares have plunged by almost a fifth in 2015. Ngunze, who took over in 2014, told Reuters th…

Precision Air invests 400m/- to recruit local pilots

PRECISION Air will spend more than 400m/- on recruitment of local pilots through a special programme that will see more than 30 employed as part of the airline’s turnaround plans and restructuring of its operations. The airline said in a statement issued that they had already recruited 15 local pilots and 10 among them were attending training at the company’s headquarters before they go for further training abroad under partial sponsorship of the airline. “We have been facing challenges in recruiting well trained local pilots with qualifications to fly our aircraft therefore we had to establish this programme to ensure that we build on a pool of local pilots to fill up vacancy gaps within our company,” Precision Air’s Managing Director, Ms Sauda Rajab said. The recruitment goes hand in hand with the company’s turnaround plans and restructuring of its operations, that have so far contributed to significant improvement in operations of the airline, she said citing On Time Performance that …

Qatar Airways Vacancies in Zanzibar, Tanzania April 2015

Reach for the Stars ! Join the Qatar Airways 5-Star Team. As the Qatar Airways network expands, one of the newest stations we will start to fly to is Zanzibar, Tanzania! Do you love meeting new people? Do you have excellent interpersonal skills? Are you a team player who would love to be part of an international team for one of the World’s Fastest Growing Airline?   If your answer is YES, then Qatar Airways wants to hear from you. We are looking for dedicated and energetic individuals to help become key members of our new team in Zanzibar, Tanzania. You will find a list of vacancies below. Your CV should include full details of your career development to date, including relevant training taken.  - Reservation & Ticketing Agent | Qatar Airways | ZanzibarSr. Sales Support Agent | Qatar Airways | ZanzibarExecutive Secretary | Qatar Airways | ZanzibarAirport Services Agent | Qatar Airways | ZanzibarSenior Airport Services Agent | Qatar Airways | Zanzibar
Reservation & Ti…

Fastjet raises USD 75 million for expansion

fastjet, Africa's low cost airline, has successfully placed 5,000,000,000 new ordinary shares (the Placing Shares) at a price of 1 pence per share (on a pre-consolidation basis) (the Placing Price) to new and existing institutional shareholders, other investors and fastjet management (the Placing). The Placing, raised gross proceeds of GBP 50 million (approximately USD 75 million) (the Placing Proceeds).


Net proceeds from the Placing will be deployed in two key areas - expansion working capital and the launch and growth of operations in Kenya, South Africa, Uganda, Zambia and Zimbabwe. fastjet will use funds raised in excess of that needed for its working capital requirements to commence an aircraft acquisition programme of used Airbus A319 aircraft.


Ed Winter, Chief Executive Officer of fastjet, said:


"I am delighted with the success of our Placing and with the positive reaction of investors. While our low cost airline model is already well established and highly regarded i…