Without planes, AirZim board won’t perform wonders

📅 Published: August 21, 2025

📰 Source: theindependent

Curated by AllZimNews.com

And success in executing its turnaround strategy would solely depend on the government’s willingness or capacity to pump in fresh capital to an already desperate situation.

Yet this will be his first hurdle.

Zimbabwe’s government is broke, which means there will not be any joy soon.

And if one considers the high country risk tug placed on Zimbabwe due to defaults, a gloomy picture emerges.

No lender will be ready to support the airline for now.

In other words, Gwarinda and his team are on their own, and no level of brilliance will them without funding to implement their strategies.

It means belt tightening measures would be imperative in the coming months if the government, the 100% shareholder in AirZim, entertains hopes of pulling its troubled airline out of the swamps.

It is surprising that after running down the airline through elaborate pillage schemes, talk about settling the International Air Transport Association (IATA) debt remains mere rhetoric. 🔗

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