No respite for Air Tanzania as annual losses soar

An Air Tanzania plane.

Photo credit: File | Nation Media Group

Air Tanzania’s annual losses have mounted, according to the latest performance record, defying nearly a decade of continued efforts to rescue the national carrier.

The latest report from the Auditor General shows the carrier’s losses rose by 62 percent to reach Tshs 91.8 billion ($34.4 million) in the 2023/2024 financial year.