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Air Tanzania receives $127mn for growth; to add MAX 7s
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Air Tanzania takes delivery of first B767 freighter
06.06.2023 - 10:22 UTCAir Tanzania (TC, Dar es Salaam) has taken delivery of its first widebody freighter following the arrival of B767-300F 5H-TCO (msn 67788) in East Africa on Saturday, June 3.
The new-build jet was ferried from Everett, where it was handed over to lessor TGF - Tanzania Government Flight on June 1, to Dar es Salaam via Casablanca Mohamed V.
Briefing members of the media in Dar es Salaam, Works and Transport Minister Makame Mbarawa said the freighter would be allow local farmers to export fish, meat, flowers, vegetables, and fruit to markets across Africa, Europe, and Asia without having to rely on foreign operators.
"We expect that when the plane starts operations it will reduce costs to traders in transporting their goods, as presently they incur extra costs when using charter planes and scarce regular flights, plying each destination twice per week," he was quoted by The Citizen newspaper.
Once all regulatory procedures have been completed likely in July, 5H-TCO's initial destinations will include Nairobi Jomo Kenyatta...
Air Tanzania set for MAX 9s despite inefficiencies
19.04.2023 - 05:07 UTC
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Tanzania dismisses Australian miner seizure threats
19.04.2023 - 03:44 UTCTanzania's Attorney General Eliezer Feleshi has dismissed threats by Australian miner Indiana Resources that it may attach Air Tanzania (TC, Dar es Salaam) aircraft should the Tanzanian government refuse to pay out close to USD100 million in compensation over the loss of a nickel project.
Feleshi told The Citizen newspaper that reports about Indiana Resources' warning were "mere speculation" pending the outcome of arbitration before the World Bank's International Centre for Settlement of Investments Disputes (ICSID) in Washington DC, US.
"We have been going on with submissions since January to date. Once these procedures are completed, an appropriate report will be officially communicated," he said.
Feleshi was responding to comments made by Indiana Resources Executive Chairwoman Bronwyn Barnes, who told ch-aviation that no decision to seize aircraft had been taken, but that the company would consider seizing assets should Tanzania fail to make payment of compensation as directed by ICSID. "This may include planes, although no clear decision has been made about this at the moment. We await the final decision of the arbitral...
Australian miner threatens to seize Air Tanzania aircraft
13.04.2023 - 11:52 UTCAustralian mining company Indiana Resources has warned it may, if necessary, resort to attaching Air Tanzania's aircraft to force the Tanzanian government into paying out close to USD100 million in compensation for the loss of a nickel project in that country.
"Tanzania took my asset. I'm quite happy to do the same," Indiana Resources Executive Chairwoman Bronwyn Barnes told The Africa Report. Although the value of Air Tanzania's aircraft would not cover the claim, she is counting on the shock value of high-profile national assets being seized to shame the Tanzanian government into action.
Indiana Resources' longstanding dispute with Tanzania over the expropriation of the Ntaka Hill nickel project is the subject of arbitration before the World Bank's International Centre for Settlement of Investments Disputes (ICSID) in Washington DC, US. The ICSID completed an evidentiary hearing into the dispute in February. Post-hearing submissions were due by April 5.
Asked for comment, Barnes told ch-aviation: "The claimants are awaiting a decision from ICSID on compensation for the expropriation of the Ntaka Hill nickel project. If the...