October 23, 2006

HOW ARE THOSE MUGABENOMICS WORKING OUT?:

Air Zimbabwe tickets up by 500% (BBC, 10/23/06)

Zimbabwe's loss-making state airline has announced a 500% increase in fares, making air travel impossible for all but the country's most wealthy.

Air Zimbabwe said spiralling costs had forced it to increase ticket prices on all domestic and international routes.

Zimbabwe's economic crisis, the worst since independence in 1980, pushed inflation to over 1,000% last month.

A return trip between London and Harare now costs 1,865,000 Zimbabwean dollars, or $7,460 (£3,982).


On the bright side, Air Zimbabwe has been voted airline most likely to complete a purchase of an A380...

Posted by Orrin Judd at October 23, 2006 10:51 PM
Comments

A perfect match. Chirac and Mugabe can pose together for a new sales brochure.

Posted by: Tom Wall at October 24, 2006 12:09 AM

I read somewhere (about 9 months ago) that Air Zimbabwe flew one passenger from Harare to Hong Kong (or maybe Singapore). I guess he paid cash.

Posted by: jim hamlen at October 24, 2006 12:18 AM

Next step: ask the UN and various NGOs to provide (food) aid. Sit back and watch hordes of observers, planners and coordinators fly in and bring the airline back into the black.

Posted by: Daran at October 24, 2006 6:27 AM

The good news for passengers is this: Most will buy a one-way ticket. Out.

Posted by: AllenS at October 24, 2006 6:40 AM
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