Zimbabwe government buys four Boeing 777 from Malaysia Airlines
Harare - The Government of Zimbabwe buys four Boeing 777 from Malaysia Airlines. The government will retain the ownership of the aircraft and lease them to a new airline called Zimbabwe Airlines.
Who is behind the new airline is so far unclear. Bloomberg reports Zimbabwe government as owner, but Reuters speculates the Robert Mugabe family could own the airline. Finance Minister Patrick Chinamasa denied the latter and did not comment on whether the new airline is state-owned or not.
On the other hand, The state-owned airline Air Zimbabwe has debts of about $330 million and dismissed a third of its employees by the end of 2017. The same year, the airline was also banned by the European Union due to security concerns.