The recently launched airliner -Malawian Airlines has promised to strive for excellence although it has depicted high fuel prices as a threat to its growth.
This was disclosed at the company’s official launch in the capital Lilongwe Wednesday evening.
Speaking at the launch, Board Chairperson George Patridge said the fuel prices in the country are very high and affectivity in various sectors.
Patridge also observed that the new Airliner is facing tough competition from some established who were already sampling the local aviation business.
The Board Chair however assured the nation that the company will strive to perform beyond people’s expectations.
Patridge has singled out the affordability of its fares which has so far engineered the drop of air fares from all players.
During the launch Transport and public works Minister Ulemu Chilapopdwa disclosed that government has issued a directive that Public servants should prioritize Malawian Airlines when traveling abroad.
Malawian Airlines rolled out its operations in January as a subsidiary of Ethiopian Airlines following Air Malawi’s liquidation.
It was agreed that upon completion of one year in operation, government which currently holds 51% of shares will dilute 31% to local business persons who will be willing to buy a stake –to define the shareholding as 49%, 31% and 20% for Ethiopian Airlines, Local business persons and government respectively in share holding.
