Latest News Editor's Choice


News / National

Impounded Airzim plane back in Zimbabwe

by Staff reporter
27 Dec 2011 at 09:39hrs | Views
THE Air Zimbabwe plane that was impounded in London two weeks ago arrived back in Zimbabwe on Sunday morning. Airzim acting chief executive officer Mr Innocent Mavhunga yesterday confirmed the development.

"There were no further disturbances and the plane left London on Saturday and landed at 6:10am the following day," he said.

American General Supplies, a US company, impounded the Boeing 767-200ER at Gatwick International Airport over a US$1,2 million debt.

The company supplies Airzim with the bulk of its spares.

Government bailed out Airzim.

Passengers who were stranded after the mishap were either reimbursed or re-routed, while others were booked into hotels pending the finalisation of the matter. Airzim has been making losses due to a number of reasons among them dilapidated equipment and high employment costs.

The airline has been saddled with relentless problems, among them staff strikes that forced the company to hire planes to take care of its travellers.

The company is facing viability challenges with debts now believed to be over US$140 million.

Source - TH
More on: #Impounded, #AirZim