Undeterred by the rising jet fuel prices, Zambezi Airlines announced this week that it is acquiring a Boeing 737-300 aircraft, in what it hopes to be a serious attempt to establish itself as a "regional player". Not sure adding one aircraft would do the job, but acquiring the 737-300 gives it some bragging rights, for now, because Zambian Airways fleet has 737-200s.
Friday, 25 July 2008
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I hope that the people behind Zambezi airlines only proceeded with this venture after they were turned down by Zambian Airways. My advice to Zambians: If you have money and want to invest in a sector that already has players....please approach them for capital injection that way you will have well capitalised companies with the necessary economies of scale for today's competitive environment.
ReplyDeleteI would echo that.
ReplyDeleteThis is definitely the sector would be investors have to look at.