Rwandair pulls plug on bond notes

1
545
Rwandair now demanding payments in United States dollars

ZIMBABWE’s travelling public has been hit by another snag after Rwandair joined a long list of airlines to pull the plug on bond notes and electronic payments as doing so is no longer profitable.

In a statement to travel trade partners, the air travel provider, said it will from tomorrow stop accepting the surrogate currency whose value continues to tumble on the parallel market.

“Rwanda Air would like to announce its decision to withdraw ticketing authority effective 24 January 2019 from Zimbabwe BSP. We apologise for any inconvenience this may cause,” Rwanda Air said.

The import of the statement would mean that “all ticket sales will be issued in United States dollars” while only “internationally issued credit cards will be accepted.”

The airline added that it will strive to make the transition process as smooth and convenient as possible.

The latest blip to Zimbabwe’s travelling public comes after British Airways operated by Comair withdrew full ticketing in Zimbabwe.

In limiting all ticketing in the country, British Airways said Zimbabwe had become an unprofitable ticket-issuing destination.

This came amid ongoing difficulties experienced in foreign currency repatriation.

Last year, Kenyan Airways was the first airline to suspend all ticketing from Zimbabwe, citing foreign currency shortages.

The airline said it was experiencing increasing foreign currency repatriation difficulties since 2016 which had forced it to temporarily suspend the distribution of ticketing authority in the Zimbabwe market.

Board of Airlines Representatives chairperson Winnie Muchanyuka has also previously acknowledged that the lack of repatriation of remittances had blighted fiscal operations of airlines.

International airlines are owed $136 million in repatriation de

1 COMMENT

Comments are closed.