Dar es Salaam: Air Tanzania Company Limited (ATCL) has expressed strong confidence in its path to financial stability, projecting a break-even point by 2027 as ongoing reforms, rising revenues and improved operational efficiency continue to reshape the national carrier.
Speaking in an interview, ATCL Managing Director and CEO, Peter Ulanga, said the airline has entered a new phase of recovery, with clear indicators that its turnaround strategy is gaining momentum. “We are reviewing our projections, but most likely we do not expect to go beyond 2027 without breaking even,” he noted.
The airline’s optimism is backed by a significant surge in revenues, which increased by over Sh143 billion between the 2023/24 and 2024/25 financial years, with further growth of more than Sh200 billion projected this year. This steady upward trajectory reflects the success of reforms implemented under the government’s strategic revival plan.
Operational efficiency has also improved markedly, particularly in flight reliability. ATCL has recorded minimal cancellations and now achieves about 90 per cent on-time departures within 30 minutes, a move that has strengthened customer confidence and service delivery.
A key driver of growth has been the airline’s expansion into international routes and cargo services. Strong demand on routes such as China and Mumbai, alongside the introduction of charter cargo operations, has boosted revenues and shifted the airline toward more profitable markets.
With continued government support, strategic investments and expanding global connectivity, ATCL is positioning itself as a competitive regional carrier and a future Pan-African aviation player, contributing significantly to Tanzania’s economic growth and international presence.