Online Reporter
Martin Kadzere
Air Zimbabwe plans to acquire six new aircraft over the next three years for US$775,5 million, according to the national airline’s strategic plan.
The move is the centerpiece of a five-year strategic turnaround plan to revitalise the national carrier’s domestic, regional and international operations.
Backed by the Mutapa Investment Fund and the national Treasury, the procurement roadmap aims to replace the airline’s aging fleet of Boeing 737s and 767s.
By transitioning to modern, fuel-efficient models, the airline anticipates a significant reduction in the high maintenance costs that have historically burdened its balance sheet.
The investment is structured to address specific operational deficits through a three-tiered expansion.
Two aircraft, valued at US$49 million each, will be dedicated to internal routes.
The planes are expected to increase flight frequencies and support the expansion of the domestic network.
Air Zimbabwe plans to acquire two regional jets priced at US$101 million each.
This phase aims to reclaim market share on routes currently dominated by regional competitors.
The crown jewel of the plan involves the acquisition of two long-haul, wide-body jets at a cost of US$225 million each.
These aircraft are earmarked for the return of direct flights to key global hubs, reconnecting Zimbabwe to international markets.
The initiative follows the airline’s recent transition under the management of the Mutapa Investment Fund, which is tasked with the professional oversight and commercial viability of state-owned enterprises.
