ABN - The new government of Zimbabwe will reportedly purchase 15 aircrafts from Malaysia in an attempt to resuscitate its ailing national airline, Air Zimbabwe.
According to a quote from Transport and Infrastructure Minister Joram Gumbo, the fleet of planes will be acquired under a public-private partnership.
"The Civil Aviation Authority is on the verge of acquiring 15 new air planes from Malaysia under a lease agreement,” said Gumbo.
“The deal was penned between government and a private company DIDG [Diaspora Infrastructure Development Group], a consortium of business partners from the diaspora."
The minister added that the agreement is set to be renewed every five years.
Air Zimbabwe has endured a difficult year, typified by a reported debt accumulation of US$330 million. This was compounded by reports in May this year that the carrier was barred from travelling to Europe because of safety concerns.