Air Botswana eyes lift-off from financial doldrums
Friday, September 29, 2023 | 1130 Views |
Wet wings: Air Botswana has struggled to balance its books over the years and is pinning its hopes on a turnaround
The national airliner has experienced losses since 2008 due to an ageing fleet, high maintenance costs, equipment failure, route redundancy and pressures from competition.
Air Botswana acting CEO, Masego Mookodi, recently told BusinessWeek that the company would be implementing a strategy that will reduce the national airline’s reliance on government subventions.
That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...