Hainan Airlines acquires a controlling shareholding in Air Zimbabwe
Hainan Airlines acquired a controlling shareholding in Air Zimbabwe as government moved out of the airline it had brought to its knees.
Air Zimbabwe is now a member of the Star Alliance and Hainan has already ordered four 787 Dreamliner planes from Boeing which would be delivered in the first quarter of 2014.
Former Air Zim’s group CEO Peter Chikumba told Standardbusiness last month he was always confident that the airline would rise again.
"Like the Biblical Moses, I took Air Zimbabwe from Egypt and left it in the desert. The airline needed Joshua to take it to the Promised Land and fortunately Hainan came at the right time,” he said.
In the Bible, Moses took the Israelites from Egypt into the desert and Joshua made sure that they reached Canaan.
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