New local airline for Harare-Johannesburg

A new commercial airline, Rainbow Airlines is set to hit the skies this month as Government efforts to improve the investment climate continue to bear fruits.

A wholly-owned Zimbabwean company, Rainbow Airlines will commence its first flights on January 25 servicing the Harare-Johannesburg and Harare-Victoria Falls routes after it was granted the requisite licences.

At the same time Government is negotiating for a US$150 million loan with a Chinese investor to uplift the Harare International Airport and transform it into one of the top airports in Africa.

The airliner, which has previously attempted to hit the skies without success was granted the go-ahead to operate by the Civil Aviation Authority of Zimbabwe last month. In an interview yesterday, Rainbow Airlines chief executive Mr Ed Berry said the company had decided to invest in Zimbabwe because the climate was ripe for investment.

“Contrary to what people have been saying, Zimbabwe’s climate is very good for investment. The tourism sector is growing and Government has been putting in a lot of effort in addressing reforms on the ease of doing business,” he said.

“So as a company we feel that our investment will be worth the while because there are a lot of opportunities in the aviation sector to earn foreign currency for the country.”

Mr Berry lauded the Ministry of Transport and Infrastructure Development for creating the enabling environment to allow the company to operate.

“I must commend the Ministry and the Civil Aviation Authority for the swift nature with which they managed to facilitate the processes,” he said

“The CAAZ maintains standards equal to, or higher than those required by the International Aviation Authorities.

“The airline first had to apply for and be granted an Air Service Permit by the Ministry of Transport and Infrastructure Development. Once this was granted, Rainbow Airlines had to apply to the Civil Aviation Authority of Zimbabwe (CAAZ) for an “Air Operator Certificate (AOC).”

”During the AOC certification process Rainbow Airlines was required by CAAZ to go through the five- phase inspection process-being pre-application, formal application, document evaluation, demonstration, inspection and finally certification,”

Asked if the airliner would be able to stand the heat in the competitive industry, which has seen airlines such as Fly Africa falling by the wayside, Mr Berry said his company was in for the long haul.

“We are pretty confident of our capabilities. Our aircraft will be the 50 seater Bombardier CRJ100 aircraft within the first four months of operation, to assist in servicing the increased routes and frequencies.”

He said the airliner would be flying more routes outside the region to earn foreign currency for the country.

“We are hoping that once we have established ourselves we can add other routes like Harare to Nairobi, Harare to Lubumbashi, Harare to Kinshasa, Harare to Durban, Bulawayo to Johannesburg and Harare to Beira and Maputo.”

Speaking to The Sunday Mail last week, Transport and Infrastructure Development Minister Dr Joram Gumbo said Government was finalising negotiations for the face-lift of the Harare International Airport.

“We are going to construct new structures to give an upgrade to Harare International Airport in 2017. Once the improvements are complete, we expect it to be one of the busiest airports on the continent.

“Currently, it carries about 1, 5 million passengers annually, but we are looking at reaching 6 million passengers a year.”

Dr Gumbo said work on Harare International Airport will commence during the first quarter of the year.

“We are hoping to start the construction work in the first quarter of the year. We are in talks with the Chinese, the same company which provided funds for construction of the Victoria Falls Airport and they have said they can grant us a similar loan.” – Sunday Mail

Related Posts
Robert Mugabe to abandon failed empowerment laws and chase investment
HARARE — Zimbabwe will make its black empowerment laws more flexible and set up a "one-stop" office to cut the time it takes to invest in the country, according to ...
READ MORE
Struggling Sabi gold mine sells dumps, could reopen in March next year
HARARE,– Troubled Sabi Gold Mine, a subsidiary of the state-owned mining investment vehicle, Zimbabwe Mining Development Corporation (ZMDC) has sold off its dumps and will receive a deposit $10 million ...
READ MORE
Corporate Bankruptcies Hit SMEs Harder
AN economist and Reserve Bank of Zimbabwe (RBZ) advisor has revealed that between 20 and 30 small to medium scale enterprises (SMEs) are being driven to the brink each time ...
READ MORE
Asa gold production up 6pct in Q2, nickel output rises as prices fall
HARARE,–  Asa Resource Group, formerly Mwana Africa, on Tuesday said its 85 percent owned Freda Rebecca mine recorded a 6,4 percent increase in gold production to 18,067 ounces in the ...
READ MORE
NSSA profit plunges 70pct after $93mln asset write-down on dodgy property investments
HARARE,– The National Social Security Authority (NSSA) has reported a 68 percent decline in full-year profit for 2015 after a $93 million asset write-down relating to its Celestial office park ...
READ MORE
TSL H1 PAT down 64pct to $600k
HARARE,– Agro-industrial group TSL reported a 64 percent slump in after tax profit to $600,000 in the half year to March 31 as group revenue declined 15 percent. TSL is the ...
READ MORE
Zimbabwe’s booming restaurant scene
THE aroma of fried chicken drifts enticingly from Shupikai Muyambo's cafe, making your tummy rumble. Located in Chipinge, a small farming town near Zimbabwe's border with Mozambique, Padera Restaurant enjoys a ...
READ MORE
Zimbabwe to present new IMF financing programme by November
HARARE (Reuters) - Zimbabwe will present a financing programme to the International Monetary Fund by November this year after clearing its arrears, opening the door to receiving its first loan ...
READ MORE
Civil servants say ‘NO’ to pay cuts
CIVIL servants have said it would be illegal for the Government to cut salaries and suspend bonuses for the next two years as part of austerity measures to bring the ...
READ MORE
Mushowe contradicts Mnangagwa
NEWLY appointed Youth, Indigenisation and Economic Empowerment minister Christopher Mushowe said yesterday government could compel foreign-owned companies to relinquish as much as 99% ownership to Zimbabwean locals. This is in sharp ...
READ MORE
Robert Mugabe to abandon failed empowerment laws and
Struggling Sabi gold mine sells dumps, could reopen
Corporate Bankruptcies Hit SMEs Harder
Asa gold production up 6pct in Q2, nickel
NSSA profit plunges 70pct after $93mln asset write-down
TSL H1 PAT down 64pct to $600k
Zimbabwe’s booming restaurant scene
Zimbabwe to present new IMF financing programme by
Civil servants say ‘NO’ to pay cuts
Mushowe contradicts Mnangagwa

Arts & Entertainment

Arts & Entertainment

Jennifer Lopez coyly addresses Drake relationship amid romance rumours

20th January 2017 Staff Reporter 0

Jennifer Lopez claims her relationship with rapper Drake is strictly professional. In a new interview, the Shades Of Blue actress avoided questions about their rumoured romance and instead, confirmed they have collaborated on a new […]