Effective from October 1, the agreement foresees that Zela Aviation will act as a General Representative for the lease of Precision Air’s aircraft, crews, maintenance and insurance (ACMI) to other airlines.
“We are thrilled to sign a GSA contract with a reputable airline such as Precision Air,” Zela Aviation Chairman Andreas Christodoulides said, adding that Precision Air is one of the airlines upholding high standards in Tanzania and the surrounding region.
Precision Air offers scheduled flights from its central hub, Dar es Salaam to Arusha, Bukoba, Dodoma, Kahama, Kilimanjaro, Mbeya, Mtwara Mwanza, Zanzibar and Nairobi.
“We will work closely with Precision Air to see this partnership is fruitful and both sides achieve their business goals,” he added.
Apart from scheduled commercial flights, Precision Air also offers charter services, third-party maintenance services through its Approved Maintenance Organization (AMO), parcel and cargo services.
On his part, Precision Air Managing Director and CEO Patrick Mwanri spoke highly of the new venture with Zela Aviation.
“The aviation industry is witnessing many changes and challenges due to the pandemic; therefore, as a business, we have no option but to be agile,” Mwanri said.
He added that Precision Air’s partnership with Zela Aviation will enable the optimum utilization of their aircraft, as they are currently not fully utilized due to decreased demand in travel.
According to Mwanri, the cooperation will most importantly provide a source of ancillary revenues during the low season.
Zela Aviation is active in the fields of aircraft chartering and sales. It operates offices in Limassol, Athens and London, and provides services in Europe, Asia, Africa, North and South America.