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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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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