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Air Botswana to lease out jets as financial pressures mount

Fighting to survive: Air Botswana has huge debts and is also struggling with operational issues PIC: MBONGENI MGUNI
Fighting to survive: Air Botswana has huge debts and is also struggling with operational issues PIC: MBONGENI MGUNI

Despite receiving a more than P300 million investment from government to buy jets, Air Botswana now says its six-aircraft fleet is larger than what it currently needs to run operations efficiently, warning that excess jets are draining the airline’s finances through insurance costs and expensive maintenance obligations.

Last year, Air Botswana welcomed the Embraer E175, in what the then-management labelled as a push for regional expansion with the opening of new routes such as Gaborone-Cape Town. Now the airline says it will lease out the jet alongside the Embraer E170 to other airlines to generate short-term revenue and ease off financial pressures.

The newly appointed General Manager of Air Botswana, Bao Mosinyi, appearing before the Parliamentary Committee on Statutory Bodies and State-Owned Enterprises, said the airline runs a two-flight schedule, which at most needs three aircraft as opposed to the six that the airline currently has.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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