CAAZ, NHS resign to losing millions to Air Zimbabwe

CAAZ, NHS resign to losing millions to Air Zimbabwe 1

The Civil Aviation Authority of Zimbabwe (Caaz) and the National Handling Services (NHS) are resigned to the possibility of losing $68,8 million they were owed by Air Zimbabwe when it was placed under judicial management. Air Zimbabwe Air Zimbabwe, which in the last few years has been persistently underperforming, was placed under reconstruction on October 4 last year in terms of the Reconstruction of State-Indebted Insolvent Companies Act (Chapter 24:27). According to ZBCtv, Caaz and the National Handling Services were among the companies that were owed huge sums by the…

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Airzim suspends flights

Airzim suspends flights 2

Air Zimbabwe (Airzim) has suspended flights up to mid-month because its only functional plane is undergoing maintenance. Air Zimbabwe The airline which has largely been operating only two serviceable aircraft was left with one plane following the grounding of its popular plane a Boeing 737-200 ER called Mbuya Nehanda last month due to mandatory maintenance. The remaining aircraft, the 767-200ER, also known as Chimanimani is undergoing servicing. In a statement, Airzim said it had made other travel arrangements for customers who had booked flights in advance but is not taking…

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Air Zimbabwe plane ‘Mbuya Nehanda’ grounded for maintenance

Air Zimbabwe plane ‘Mbuya Nehanda’ grounded for maintenance 3

By Auxilia Katongomara Air Zimbabwe yesterday grounded Mbuya Nehanda, a Boeing 737-200ER, for mandatory maintenance expected to last over a month. File picture of an Air Zimbabwe plane The airline has largely been operating two serviceable aircraft and whenever there was a technical fault on one, delays and/or cancellations became inevitable. This leaves the airline with two planes — the 767-200 christened “Chimanimani” and a leased one to service its routes. Related Articles Another aircraft has since been leased to service some routes due to Mbuya Nehanda’s grounding. In a…

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One of ‘Mugabe planes’ sold

One of ‘Mugabe planes’ sold 4

By Benjamin Manzini One of the four aircraft bought by government from Malaysia has reportedly been sold to Jet Midwest, a US-based leading global aviation parts provider, due to non-payment by Zimbabwe. Local media reports had linked Zimbabwe Airways and the new planes to former president Robert Mugabe’s family (Photo by @HaruMutasa) Government had all along claimed it bought four Boeing 777 aircraft from Malaysia and an Embraer plane, with the planes set to be leased to a new local airline Zim Airways until national carrier Air Zimbabwe returned to…

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‘Zim Airways not part of AirZim’

‘Zim Airways not part of AirZim’ 5

By Tawanda Musarurwa Zimbabwe Airways is a completely different and autonomous entity from Air Zimbabwe and is therefore not part of the reconstruction process, Ministry of Transport of Infrastructure Development Acting Permanent Secretary Kudzanai Chinyanga has said. Zimbabwe Airways “Currently there is no relationship between Air Zimbabwe and Zimbabwe Airways. These are two separate State-owned enterprises. “(The administrator) Mr Reggie Saruchera is responsible for reconstructing Air Zimbabwe and Air Zimbabwe Holdings. Zimbabwe Airways is not yet in his portfolio,” he said while giving evidence before the Parliamentary Portfolio Committee on…

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Chiri exposes Air Zimbabwe rot

Chiri exposes Air Zimbabwe rot 6

By Tendai Kamhungira An audit report on the operations of the Air Zimbabwe (Private) Limited has unearthed massive unaccounted leakages of funds that could have prejudiced the parastatal of millions of dollars. Auditor-General Midred Chiri (AFP Photo) According to Auditor-General Mildred Chiri’s report, millions of dollars lost could not be traced, as there were no supporting documents showing how the money was used by the company. Under different subtitles, Chiri narrates how her audit failed to identify the use of some of the money that was lost by the company.…

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Debt-ridden AirZim invites investors

Debt-ridden AirZim invites investors 7

On Nov 13, 2018 18,776 0 By Pauline Hurungudo Air Zimbabwe is inviting tenders from interested parties to invest in the stuttering airline. File picture of an Air Zimbabwe plane In a notice published yesterday, Air Zimbabwe Holdings administrator Reggie Saruchera said that interested bidders were to lodge their bids with Grant Thornton Chartered Accountants. “Tenders are hereby invited from interested parties to invest in Air Zimbabwe. Parties interested in investing are required to register their interest with the Air Zimbabwe administrator…” he said. Related Articles This comes after the…

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Air Zim wet leases aircraft in reconstruction drive

Air Zim wet leases aircraft in reconstruction drive 8

On Nov 13, 2018 17,693 1 By Pauline Hurungudo Air Zimbabwe is “wet leasing” one if its aircraft in a fundraising drive that is part of its reconstruction strategy. Air Zimbabwe A wet lease agreement is a contractual arrangement covering the hire and servicing of aircrafts, and the provision of a flight crew to the leaseholder. In a notice, the airline notified prospective bidders that it is wet leasing a Boeing 767-200ER registration Z-WPE. Related Articles “Bidders are free to witness the tender opening immediately after the closing time,” Air…

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