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Well ATCL has announced that they go international to Mumbai in the Q4 with 3 flights per weekNot sure if they can maintain,current JRO schedule as they expand outwards.
Only 5 days to go to September the revised month I believe we were told we would be using the 3 ATR aircraft that I think we must have been paying for the last 6 months while unused.
As we are still not selling tickets for new routes yet and we now have 2 very underused E190's it confirms my view that is was a monumental mistake to commit to 3 Extra Aircraft all at the same time whilst not apparently learning from our previous mistakes of the past.
One would have thought a new African Based Leader would have known the way it works in Africa and not committed until there were absolutely irrevocable permissions to operate, so as to not put the entire company at risk of deliberate attempts by State Run Competitors to de-stabilise us.
I hope I am wrong and new announcements are imminent.
Buxton, indeed they are, you could argue Fastjet shareholders subsidised it’s passengers in the past, my concern now is our cash positive projections will be again blown out the sky so to speak, every time we on the cusp of getting there we get hit with new problem, at least 787 will be heading off the Mwanza once it starts longhaul , but I’m hearing it will still be able to maintain the JRO within its longhaul schedule initially.
All in all not looking good in TZ
Tanzanian tax payers funding the Air Tanzania seats at present
Destroying Fastjet's best route
I very much doubt ATR72 will be adding to TZ fleet unless they replace E190,s which could go to Zimbabwe, or even a further delay and eventually deployed to SA
This route is currently a blood bath and I’m sure all three carriers are loosing money .
ATCL 500 seats a day
Fjet reduced from 400 to 200 daily (2 flights)
Precision offering 150.000 Shillings one way until Dec
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Winter and Bodin up cycled the best bits.
https://theultralinx.com/.image/t_share/MTQ4Njc2NTEyNjAwNjMwOTYz/furniture-made-from-airplane-parts-9-596f2d03eb2e1__700.jpg
https://cdn.trendhunterstatic.com/thumbs/aircraft-parts.jpeg
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Z-FJE Scrapped 11/2017
Stored 03/2017
Lsd From Icbc ---- It was leased therefore it was not owned by FJET THEREFORE NO CAPITAL LOST.
However it is always a shame to see an aircraft being scrapped even if the real owner will recover and resell engines, components, and parts.
Surely Fastjet will receive some money from the parts so it is not all that bad. Or even build a plane out of them like the film 'The flight of the Phoenix.
Was just watching Tony Robinson’s new programme on More4 “ Hidden Briton By Drone” and they flew above a Aircraft breaks yard in the Cotswolds called ASI -aircraft salvage international, and our aircraft is there being broken up for spares.
So I took a further look on Goggle, there it was , parked up awaiting it’s death,
What a waste of my money and yours !!!!
We now have on the current schedule in Tanzania Under Used E190's, so What on Earth we are going to do with an extra 3 ATR's is beyond me. It would seem that taking 3 Extra Aircraft at one time, without phasing them in gradually as new routes and business was added was a monumental mistake for which we must be paying heavily.
It should have been taken more into account that we are not playing on a level European Playing Field, and Country Pride and Protectionism can take place over good sense, despite the Countries in Question, Stumping up huge sums to Bail out badly State run or State financed Airlines.
Do they not realise, State Airlines only pay taxes if they make a profit !
https://twitter.com/airtanzania/status/1030709905240608768?s=21
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Full 787 flight magufuli supporting ATCL
I would agree, ATCL B787 has severely impacted on our Mwanza route , can’t be enough to go around and Fastjet have responded rapidly with a reduced schedule, so what will we do with three ATR aircraft?
The schedule has been significantly reduced in Tanzania over recent months ,how can we need more equipment to fly less rotations.
Maybe Zimbabwie for one and Mozambique for another.
One gets the feeling that we are not making progress and the half year results may confirm this
PJMInvest, I agree, the timeframe for introducing the three ATRs to service next month seems unrealistic now given that they have not been selling tickets. I hope there have been no costs associated with this fiasco, however I fail to see how this would be the case. What about crew training and retention etc? If crew training has not taken place then I would have expected Nico to have announced the delay to the shareholders. I sold up most of my holding a while back, held onto about 10 per cent of my shares so still look in here every so often to see what’s going on.
I just do not believe that we have had no costs associated to 3 ATR sitting on the Tarmac at Toulouse in Fastjet Livery for many months, and therefore unable to be used to fly and generate income.
If as advised they would be in operation in September and we are now halfway through August and no news ? it is going to take quite a lot of destinations and flights to utilise 3 extra aircraft and beggars belief on taking 3 at one time, given the slow rate of new destinations one dragged out destination at a time and then getting Kigoma delayed at the last minute.
I hope that there is a lot going on and about to be announced imminently to defray the cost and get into a cash flow positive in H2
It’s tonight, Sunday is to be the additional 4Th service when it kicks in November
Did we scratch the Dar-HRE-LUN flight completely yesterday, I cannot trace the flight on flightradar24 ?
Just one Aircraft for tomorrow, certainly reduced operations
for Monday.
2 x MWA
1 x Mbeya
1 x JRO
HRE LUN
Figures published in TZ suggest ATC market.share has increased from 4% to 20% with FJET and Precusion both on around 40%.ATC booked out on the KILI route for a couple of weeks.but likelyn WOW factor of.flying Dreamliner. May.explain increased FJET capacity on route.
Reduced from 4 too 3 daily, JRO increased from 2 to 3 twice weekly
When the three ATR 78 seater aircraft are cleared for commercial flights has Fastjet plans to increase frequencies on key domestic routes while suggestions have been made that the airline may add further flights to Lusaka and Harare and resume Dar es Salaam to Johannesburg services using the Embraer E190’s.
As reported here earlier in the week has Fastjet also responded to market demands and introduced one free checked bag of up to 23 kilograms while offering refreshments on board for passengers. In both cases can travelers continue to purchase additional baggage allowances and also buy additional snacks and drinks on board.
capacity as the carrier's sole shareholder, the Zimbabwean Government has moved to dissolve Air Zimbabwe's board replacing it with Grant Thornton Chartered Accountants who will act as caretaker administrators.
According to NewsDay, Minister for Transport and Infrastructural Development, Joram Gumbo, said the decision was taken after the Ministry of Finance had warned it would not be possible to roll-over the Air Zimbabwe Corporation (Repeal) Act which was repealed on August 1, 2018.
Air Zimbabwe’s acting Chief Executive Officer (CEO) Joseph Makonise had requested the act be extended to 2020 only for the Ministry of Finance to reject it on the grounds that the airline had failed to both restructure its operations and adhere to a turnaround strategy resulting in its progression from technical insolvency to factual insolvency. The carrier's total debt overhang is estimated to stand at around USD320 million.
As it stands, management for Air Zimbabwe (Pvt) Ltd and Air Zimbabwe Holdings (Pvt) Ltd shall remain in place, but answerable to Grant Thornton Chartered Accountants, who in turn will report to the Permanent Secretary in the Ministry of Transport.
Air Zimbabwe's sacked board had been comprised of chairwoman Chipo Dyanda, her deputy Pathias Chironga, and members Pascal Changunda, Lyton Shumba, Fulton Mangwanya, and Dacl-Ray Rambanapasi.
The Ministry of Justice had earlier sought to appoint three airline employees to the position of administrator only for the Transport Ministry to move for a more independent, outside option.
As part of his election bid, President Emmerson Mnangagwa vowed to fight corruption and privatize Zimbabwe's largely bankrupt state-owned enterprises, among which is Air Zimbabwe.
https://twitter.com/barlaventoexp/status/1027390721744093184?s=21
you've retained a sense of humour when most are jumping off bridges.