Business / Companies
Air Zim splashes $200K per month on grounded plane
12 May 2016 at 07:03hrs | Views
Transport minister Jorum Gumbo has revealed that the Airbus A320 from China are not new and are rented at a cost of $200 000 per month each.
He said the two aircrafts from China which are on lease were not purchased from diamond money.
He was disputing suggestion by MDC-T MP Eddie Cross in parliament on Wednesday that diamond revenue was splashed on the planes.
It is understood that one of the planes is grounded in South Africa after operating for about a month before developing a fault yet it is still accruing arrears.
"These were part of efforts by the government to support the turnaround process of Air Zimbabwe. The aircraft are on a dry lease from China Sonangol at $200,000 per month per plane."
He said the two aircrafts from China which are on lease were not purchased from diamond money.
He was disputing suggestion by MDC-T MP Eddie Cross in parliament on Wednesday that diamond revenue was splashed on the planes.
It is understood that one of the planes is grounded in South Africa after operating for about a month before developing a fault yet it is still accruing arrears.
"These were part of efforts by the government to support the turnaround process of Air Zimbabwe. The aircraft are on a dry lease from China Sonangol at $200,000 per month per plane."
Source - Byo24News