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Gaborone budgets for sale of Air Botswana
14.03.2023 - 10:14 UTCBotswana’s government is budgeting for the sale of national carrier Air Botswana (BP, Gaborone), according to a recent disclosure to the country's parliament by Transport Minister Eric Molale.
A budget has been put in place through the Transitional National Development Plan (TNDP) for the financial years 2023/24 and 2024/25, he said, which will ultimately result in the sale of the ailing airline, The Sunday Standard newspaper reported.
While the sale would not be immediate, Molale said the government, in the meantime, had directed that a strategic partner be sought for Air Botswana.
He reiterated that the national carrier was implementing a restructuring plan aimed at operational excellence, recovery, growth, and financial sustainability. “While the immediate plan is for the airline to get a strategic partner, these strategic objectives are still aligned with its privatisation agenda,” he said.
As part of its restructuring, the technically insolvent carrier has been looking at measures to become more efficient and competitive, including introducing new regional routes, maintaining international safety standards, and improving its on-time performance (OTP). It has...