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RwandAir secures loan to purchase its own aircraft |
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Written by Staff Reporter
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Sunday, 13 December 2009 |
Rwandair has secured a loan to implement the first phase of building its own fleet. RwandAir CEO Gerald Zirimwabagabo and PTA President Michael Gondwe shake hands after signing the loan agreement. (courtesy photo) Former Infrastructure Minister Linda Bihire, speaking at the signing ceremony, stressed the need for Rwanda to have a functional aviation system given the country’s strategic location on the continent. She reaffirmed the government’s keenness to support a reliable air transport for the country. “The two aircrafts that the airline is acquiring is just the beginning,” said the president of the PTA Bank, Dr. Michael Gondwe. “Being a development bank, PTA Bank is always ready to assist projects which contribute to the economic development of its member countries”. The CEO of RwandAir, Gerald Zirimwabagabo, said that the national carrier is assured of the delivery of its first own CRJ -200 aircrafts before the end of the year. Currently, negotiations between RwandAir and large aircraft suppliers are at advanced stages for the acquisition of mid- to long-range aircrafts beginning 2010. The airline intends to expand its fleet considerably over the next five years. Related articles: Rwandair goes to greater heights with acquisition of pilots and planes Crashed Rwandair plane was not substandard, says CEO |
