Precision Air

Precision Air

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Precision Air

Precision Air

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About Us

Precision Air was founded in 1991 and began operations with a single aircraft. Over the years, it has expanded its fleet and route network significantly.

Precision Air is a public listed Tanzanian airline, which is a leader in providing scheduled flight services to over 10 destinations within and outside Tanzania from its main hub Dar es Salaam. The company operates on the principle that quick, comfortable and reliable service is the best way to serve its customers.

Initially, Precision Air was privately owned. In 2003, it became a publicly listed company on the Dar es Salaam Stock Exchange. It has formed partnerships and code-sharing agreements with various international airlines.

Precision Air serves multiple domestic destinations within Tanzania, including popular tourist spots such as Zanzibar, Kilimanjaro, and Serengeti. Internationally, it operates flights to neighboring countries in East Africa and beyond.

The airline operates a fleet primarily consisting of turboprop and jet aircraft, including ATR and Boeing models. The fleet is tailored to serve both short-haul domestic routes and longer international flights.

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The most significant turnaround of the airline came in 2003 when Kenya Airways acquired a minority 49% shareholding leaving majority 51% shares in the control of one local Tanzanian businessman. Since then, Precision Air has literally turned its image into a professionally run modern regional airline
On the 21st December 2011 Precision Air made history by being the first airline in Tanzania to list on Dar es Salaam Stock Exchange with a total of 7,056 (Seven thousand fifty six) investors who took part in the Initial Public Offering in November 2011. The airline raised Tshs.12 billion (i.e. subscribed by 43.18%) most of which were taken up by Tanzanian nationals both retail investors and corporate entities as intended by the company. The 7,056 new shareholders have therefore taken a stake of 16% in the company. This now means 58% of the company is owned by Tanzanians, 41% Kenya Airways and 1% by other nationals. The anchor share holders, being Kenya Airways and local Tanzanian businessman.
However, the airline also works closely with a number of companies and has code-share agreements with over ten reputable airlines worldwid

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