How atcl can finance its revival

BASIASI · 2011-11-24T19:14:13+00:00

The revival of airtanzania ,the country's national carrier is doomed even before the plan is excuted .the plan is doomed simply because somewhr those tasked with the responsibility to revive the airline lack technical know ho on how to raise funds to finance the cash -strapped national carrier secondly its a ddomed plan because its full of short cuts and lacks strong long term plans to make atcl hither to leading airlinr in the region,viable again at fifty yrs of independence ,tanzania still doesnt know how to finance airline,a situation that forced forced the govt to table the enacted procurement act,which among other things will allow the gvt to buy used things popular known as mitumba at a tim when a small countries like rwanda are securing loans from internation lenders to finance the purchase of state of the art aircraft ,tanzania is gunning for mitumba, ones,listening toa our lawmakers including hon minister omar nundu it was another show of this country has become notorious in poor planning especcially when where bussiness matters are concerned poor planing because there are dozens of financing options for atcl,but it seemed those tasked with responsibility have no idea about how they can secure enough funds to bailout our national carrirer this gvt during the budget it set aside usd 800million as allowance and per diem to various official,what if atcl was just given a starting capital of 20perc of this money means 160,usd millions enough to procure one brand new boeing 737-800 for regional routes plus two jets for domestic routes

Thread starter BASIASI
Start date Nov 24, 2011

BASIASI

JF-Expert Member

Nov 24, 2011

BASIASI

JF-Expert Member

Nov 24, 2011

Thread starter
#2

BASIASI

JF-Expert Member

Nov 24, 2011

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