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21 January 2015
Proflight cuts fares on removal of jet fuel duty
Proflight Zambia has welcomed the removal of 5 percent customs duty on aviation fuel and passed this on to passengers by cutting fares across the board.
The airline has announced that its ticket prices will drop by 5 percent with immediate effect following the government’s elimination of duty that came into effect on January 1 this year.
Notwithstanding the fare reduction, Proflight pointed out that the aviation sector is a US dollar-intensive industry, with much of its costs denominated in foreign exchange, including aircraft leasing and maintenance, and thus the depreciation of the kwacha in recent months has driven up costs in kwacha terms.