Air Zimbabwe is selling two Boeing 777-200ER aircraft due to ongoing financial struggles. According to The Herald, the national carrier has invited international bids for the aircraft, with a deadline of July 25.
The sale is reportedly to address financial difficulties, including debt of more than $30 million (R536 million).
The two aircraft were acquired from Malaysia Airlines as part of a plan to revive the airline and restore long-haul flights. However, they have remained grounded since arrival due to the carrier’s financial problems and regulatory issues.
Air Zimbabwe CEO Edmund Makona told The Herald that the sale was part of a strategy to modernise the airline.
“We have adopted a four-pillar strategy focusing on corporate governance, air transportation services, human capital development, and aircraft maintenance and engineering,” said Makona.
Makona added that the airline had already reintroduced most of its regional routes and would focus on increasing regional flight frequency based on demand.
