Chobe acquires Kalahari Air Services
Tuesday, March 08, 2016
Botswana Stock Exchange
Through its subsidiary, North West Air, Chobe will pay P19.5 million for Kalahari Air Services operations at Maun International Airport.
Kalahari Air is one of the two Aircraft Maintenance Operation (AMO) operating from Maun International Airport with a 50 percent market share.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...