Air Zim incurs $3,5m monthly loss-CEO

"He said the ailing airline required over $40 million in immediate working capital."

National carrier Air Zimbabwe (Air Zim) is sitting on a $137 million debt and incurs a monthly loss of $3,5 million from its operations, acting chief executive Innocent Mavhunga revealed.

He said the ailing airline required over $40 million in immediate working capital.

The Air Zim executive said Air Zim’s operational challenges were also being worsened by a declining market share on profitable routes.

“Our market share versus South African Airways (SAA) is quite low. We control 30% of the Johannesburg route and market, whilst SAA accounts for about 50%,British Airways slightly below 20%,” Mavhunga said.

ADD your comments

Add New | Search

Anonymous (69.46.92.xxx) 2012-01-08 23:51:04

As opposed to making use of its conventional louis vuitton speedy supplies, this season Louis Vuitton has released a brand new series-the
Louis Vuitton Slightly Denim. Just as its name tells, the bag is
slight in weight for the light denim it made use of cheap louis vuitton and will cheer you up inside the downturn economy with its easy but
sophisticated color.Pretty much for every single woman, besides the
outfits, handbags are really a further kind of important accessories
in her wardrobes. Nowadays, handbags aren't restricted towards Tiffany and CO the standard function of holding every day essentials. Shopping for a
Louis Vuitton monogrammed Vernis purse is an investment within your
fashion louis vuitton artsy future. The LV and 4 pointed flower monogram are renowned world-wide Tiffany jewelry outlet. In truth, the Louis Vuitton brand name is one of the most pricey names
with...

Reply | Quote

http://www.diesel-uk.org

thavar 0884q skinny (112.121.172.xxx) 2012-03-21 04:48:50

HW-I love the jeans diesel 2012. Guests should start searching The Vibram Soles should be made according to your size. diesel jeans outlet. There are many cheap diesel jeans uk, and you might just find just the perfect one for vibram bikila, available at a throwaway price. While buying a cheap levis jeans, karen millen outlet, though, fashionable dresses, make sure vibram five fingers on sale of the dress is comfortable for you, and that it is jeans diesel homme in any way, for then you won’t get your money’s worth, and vibram five fingers kso regret buying it in UK. vibram five fingers on sale

Reply | Quote

diesel jeans online

diesel jeans (203.7.161.xxx) 2012-03-22 04:49:02

DF-The vibram shoes may be within the world of style. diesel jeans can help them get out of comfort. However, the 5 fingers shoes to minimize water vibram 5 fingers sale?consumption of the acquisition, fashion seems to diesel uk gentleman charm. finger shoes are a family holiday. diesel wash 008b9? The acquisition of diesel jeans cherock, but the fashion sense of style. All kinds of vibram five fingers flow uk, your condition is skiing or hiking. The vibram five fingers are in a top league. Uncomplicated design solo diesel clothing uk.

Reply | Quote

mulberry bag for sale

mulberry bag for sale (98.126.189.xxx) 2012-04-15 21:42:44

Online mulberry outlet here offer various Mulberry handbag
such as Alexa Mulberrry,Bayswater Mulberry,Mulberry Tote Bags,Mulberry Clutch Bags,Mulberry Satchel Bags,Mulberry
Shoulder Bags,Mulberry Holdall Bags and mulberry Briefcase Bags for
you. These Mulberry bags were known for the excellent quality and
fashionable design,they must be satisfied to you.Besides,all bags on our
online bag mulberry outlet are free shipping and available at cheap and great discout
price,come to order them now.

Reply | Quote

dr dre headphones

dr dre headphones (98.126.85.xxx) 2012-04-15 21:45:47

Get a better understanding about how significant a beats by dre headphones while
appreciate the charming music.The artists and producers have spent countless
hours fine-tuning and mixing music to get it exactly how they want their fans to
hear it. But the vast majority of headphones can't accurately reproduce the
intricacies produced in the studio. It was lucky that monster beats by dre can.
Owning an excellent beats by dr dre headphones could improve your aesthetic
quality and art taste.beats by dre Online Store Offers all kinds of beats by dre
studio for sale. If you’re planning to have a beats by dre pro headphones for
your own, make order now! 100% Quality and Satisfaction Guaranteed!

Reply | Quote

dre beats studio

dre beats studio (98.126.85.xxx) 2012-04-15 21:45:55

Get a better understanding about how significant a beats by dre headphones while appreciate the charming music.The artists and producers have spent
countless hours fine-tuning and mixing music to get it exactly
how they want their fans to hear it. But the vast majority of
headphones can't accurately reproduce the intricacies produced in the
studio. It was lucky that monster beats by dre can. Owning an excellent beats by dr dre headphones could improve your aesthetic quality and art taste.beats by dre Online Store Offers all kinds of beats by dre studio for sale. If you’re planning to have a beats by dre pro headphones for your own, make order now! 100% Quality and Satisfaction
Guaranteed!

Reply | Quote

Anonymous (66.228.129.xxx) 2012-04-21 03:56:37

Brown and dim eco-friendly pieces might be donned only inexpensive Oakley Frogskin Sunglasses[/size] contacts function the colour is saying there is not significantly
romantic relationship among the UV400 generally additional a layer
of membrane. As for what colour to put on contacts which are generally
aesthetic and every person’s pores and skin color, inexpensive replica
oakley sunglasses clothes donned through the problem, Cheap Oakley Frogskin Sunglasses[/size] is incredibly fundamental with the summer?because it safeguards the
eye balls loads of pals with the [size=3.12]Oakley Frogskin Sunglasses Outlets of choice, generally far more interest could be the product or service
price, good quality and design and so, in fact, the option of
sunglasses lens colours are also incredibly important. So, what colour
is generally a very good inexpensive Oakley sunglasses Statisti...

Reply | Quote

Write comment

Name:

Email:

Title:

UBBCode:

Comment:

Disclaimer
BO.co.zw encourages freedom of speech and the expression of diverse views. The views of users published on BO.co.zw are therefore their own and do not represent the views of BO.co.zw. All posts are monitored by BO.co.zw's editors and grossly derogatory posts will be deleted. The BO.co.zw editorial team will delete your comment should you post abusive comments, use vulgar language or make discriminatory observations.

Air Zim incurs $3,5m monthly loss-CEO

3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

Most Recent

Most Read