CTPD INSISTS THAT IT IS A BAD IDEA TO RE-LAUNCH A NATIONAL AIRLINE

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September 5, 2020
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September 5, 2020

CTPD INSISTS THAT IT IS A BAD IDEA TO RE-LAUNCH A NATIONAL AIRLINE

CTPD-ED

By Patrick Soko

While the government continues to be positive about re-launching a national airline, the center for trade policy and development insists on its advice on the need to wait until the economy stabilizes.

 

The Airline will be 45%-owned by Ethiopian airlines, with the balance held by the Zambian industrial development corporation – an entity that aims to promote private shareholding in state-owned businesses.

 

Under its development plan, the carrier will operate 12 aircraft by 2028, when it will be transporting 1.9 million passengers.

 

Meanwhile, a research conducted by the center indicated that re-launching the national carrier was not prudent due to Zambia’s current financial and macroeconomic situation.

 

C.T.P.D Executive Direct Isaac Mwaipopo tells 5FM News that the move is not viable and might end up subjecting the country into more debt.

 

He adds that the government must find other ways if it so much needs a national flag carrier.

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