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Air Tanzania Bolsters Fleet with New Boeing 737 MAX 9 Amid Financial Challenges

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louis Buyisiwe

Mar 30, 2024

Air Tanzania is navigating through financial turbulence

This development comes at a time when Air Tanzania is navigating through financial turbulence, as highlighted in the latest report by the Controller and Auditor General (CAG) for the fiscal year 2022/2023. Presented to President Samia Suluhu Hassan in Dodoma, the report sheds light on the airline's financial performance, revealing a loss of Tsh56.6 billion ($22.19 million) for the year. This marks the sixth consecutive year of financial losses for the carrier, with the latest figures showing a significant 32 percent increase from the $15.17 million loss recorded in the 2021/2022 financial year.
New Tanzania's Boeing 737 MAX 9

In a move that underscores its commitment to expansion, Air Tanzania has recently augmented its fleet with the introduction of a second Boeing 737 MAX 9 aircraft. This strategic addition was announced this week as the airline aims to fortify its operational capabilities and service offerings.

The new aircraft touched down at Julius Nyerere International Airport in Dar es Salaam on March 26, elevating the national carrier's fleet to a total of 15 aircraft.


This development comes at a time when Air Tanzania is navigating through financial turbulence, as highlighted in the latest report by the Controller and Auditor General (CAG) for the fiscal year 2022/2023. Presented to President Samia Suluhu Hassan in Dodoma, the report sheds light on the airline's financial performance, revealing a loss of Tsh56.6 billion ($22.19 million) for the year.


This marks the sixth consecutive year of financial losses for the carrier, with the latest figures showing a significant 32 percent increase from the $15.17 million loss recorded in the 2021/2022 financial year.

Despite these financial challenges, Air Tanzania's acquisition of the new Boeing 737 MAX 9 is a testament to its relentless pursuit of growth and service improvement.


The airline's fleet expansion is a key component of an ambitious government-backed revival program that has been in motion for several years. To date, this initiative has seen an investment of nearly Tsh4 trillion ($1.57 billion), according to official records from Air Tanzania.


The airline's strategy to enhance its fleet and broaden its reach is poised to improve connectivity within Tanzania and beyond, potentially catalyzing economic growth and tourism. As Air Tanzania continues to implement its strategic vision, stakeholders and observers alike will be keenly watching the impact of these developments on the airline's financial health and its contribution to the region's aviation landscape.


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