President Lazarus Chakwera is optimistic that Malawian Airlines will sustain a profit-making profile.
Delivering his State of the Nation Address, Chakwera bemoaned the initial loss-making trend of the local flag carrier, which is now being reversed as his government is working on revitalizing the airline.
“Some well-educated economists and wise politicians advised me to just let it go bankrupt, but I refused, because I do not take anyone who treats the assets of Malawians as toys to play with seriously,”Chakwera revealed.
The president is hopeful of an improvement in performance of Malawian Airlines after the 2022 recapitalization which saw it register its first profit of K4 billion, 8 years after its operationalization.
Apart from the local airline, government is working on increasing Malawi’s accessibility through partnerships of direct flights with several countries.
‘We have also concluded three Bilateral Air Service Agreements with Mozambique, Uganda, and Kuwait to introduce direct flights into Malawi, ” Chakwera said.
The president added that government is in talks with the Democratic Republic of Congo, Mauritius, and Nigeria to do the same.
Reported by Earlene Chimoyo
