Nothing seems to be working better for troubled Swift Air which brought in competition to state owned and loss making Air Malawi as Sheriffs have pounced on the airline’s property due to its failure to service debts.
In December 2011, Swift Air also found its self on the wrong side of the law after it emerged that it was servicing its routes without the mandatory Air Operations Certificate.
Operations at private airline, Swift Air in Malawi have been halted after sheriffs impounded the company’s property in Lilongwe for unpaid debt believed to be in millions of kwacha.
The airline owes its Landlord- Airport Development Limited ADL, Air Malawi and independent travel agents millions of kwacha.
Swift Air owes ADL alone K700, 000 in unpaid rentals, according to ADL Business Development Manager Ali Chiwoko.
“We decided to seek court intervention after the airline filed to settle housing rentals that have been outstanding,” said Chiwoko.
Swift Air Chief Executive Officer Louise Hahn-Perepeczko could not be reached for a comment amid reports she was in South Africa .
Swift Air was incorporated in September 2009 and acquired flying licences in November 2010. It started operating a Beechcraft 1900D on the 28th of February this year for regular charter and scheduled flights.
The private owned airline was servicing Lilongwe, Mzuzu, Karonga and Blantyre. It also operated international flights.