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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 cash-strapped national airline, Air Botswana, is pinning its hopes for revival on a new turnaround strategy executives say will help the organisation return to financial sustainability.

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.

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Air Botswana eyes lift-off from financial doldrums

The cash-strapped national airline, Air Botswana, is pinning its hopes for revival on a new turnaround strategy executives say will help the organisation return to financial sustainability.

Govt inks $4bn renewable energy deal with Indian firm

Detained Mexican 'Drug Kingpins' wanted in Mozambique

Greater Gaborone gets P534m hi-tech traffic eye

Ramogapi, Palapye’s dapperly garbed legislators

Citizenship isn't for sale—Mokgware

Intervene early, don't rely on death penalty—Boko

Micro-procurement maze demands urgent reform

Christmas tree charcuterie

Micro-procurement maze demands urgent reform