ATCL eyes break-even by 2027 as revenues jump and operations stabilise
Tanzania, April 13 -- Dar es Salaam. Air Tanzania Company Limited (ATCL) is projecting a return to financial stability by 2027, backed by strong revenue growth, improving flight reliability and an expanding international network.
In an interview with The Citizen, ATCL managing director and chief executive officer Peter Ulanga said the airline has entered a new phase of recovery, with clear signs that its turnaround strategy is beginning to deliver results.
"We are reviewing our projections, but most likely we do not expect to go beyond 2027 without breaking even," he said, expressing confidence that ongoing reforms and revenue growth will narrow losses further in the coming years.
The positive outlook is underpinned by a sharp increase...
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