Precision Air is Tanzania's largest private airline, yet it flies in a permanent financial storm. It keeps winning passengers while its balance sheet sinks deeper into negative territory. Full namePrecision Air Services Plc Tickers / exchangePAL on the Dar es Salaam Stock Exchange (DSE) HeadquartersDar es Salaam, Tanzania SectorAviation — regional passenger and cargo airline Founded1993 Controlling shareholderKenya Airways Plc, approximately 49% Yearly sales (2024)TZS 162.2 billion (US$61.6 million) Net profit (2024)Net loss of approximately TZS 31.8 billion (US$12.1 million) Net margin (2024)Negative — a loss of about 19.6% of …
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