Air Zimbabwe’s business strategic plan and the debt assumption bill adopted by cabinet last month will see the parastatal acquiring more aeroplanes to boost the existing fleet and clear its internal and external debts.
The national carrier is also in the process of procuring its second Embraer after Treasury availed funds as part of efforts to turn around the parastatal.
Air Zimbabwe’s turnaround strategy was outlined by the minister of transport and infrastructural development, Honourable Felix Mhona who was speaking soon after the appointment of an interim board this Thursday.
“We want to create a hub in terms of air services. So we have a strategic business plan in place. We are in the process of acquiring our second Embraer and we would be increasing our planes,” said the minister.
Meanwhile, Honourable Mhona challenged the board chaired by Mr Andrew Bvumbe to instil a high standard of corporate governance within the entity.
He said, “The board must revisit organisational structure and make recommendations to the ministry, and finalise production of audited accounts for the airline.”
The new board members include Mr Pfungwa Kunaka, Dr Michael Musanzikwa, Advocate Kingstone Magaya, Mr Nyikadzino Chifema and Mr Givemore Chidzidzi.
Air Zimbabwe was under an administrator Mr Reggie Saruchera and Grant Thornton since 2018.