This 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. Through its customer-focused approach, many have become part of the Precision Air family.
The company was incorporated in Tanzania in January 1991 as a private airline and started operations in 1993 At first, it operated as a private charter air transport company but in November 1993 changed to offering scheduled services to serve the growing tourist market.
In 2006, the airline became the first Tanzanian airline to pass the IATA Operational Safety Audit. Its registration will expire 22 September 2016.
It was privately owned until 2003, when Kenya Airways acquired a 49 percent stake, paying US $2 million, weeks after its rival South African Airways acquired a 49 percent stake in Air Tanzania for US $ 20 million. The remaining 51 percent was retained by Michael Shirima, the founder of the airline.
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