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Precision Air Services PLC
QUALITY PLAZA
NYERERE ROAD, P. O. BOX 70770
Phone: +255 222191000p:+255 222191000 DAR ES SALAAM, 70770  Tanzania Ticker: PALPAL
Business Summary
Precision Air Services Plc is a Tanzania-based company, which is engaged in regional and domestic air carriage of passengers and cargo. The Company flies to approximately 13 destinations within and outside Tanzania. Its fleet consists of five 70-seater ATR 72-500, three 48 seater ATR 42-500 and 148- seater ATR 42-600. Paa Royal is its frequent flyer program designed to reward all its loyal passengers for travelling with the Company regularly. Its domestic destinations include Arusha, Kilimanjaro, Mwanza, Bukoba, Mtwara, Kigoma, Tabora, Musoma, Serengeti, Kahama, and Zanzibar. Its regional destinations include Nairobi, Musoma, and Entebbe. The Company has two subsidiaries, Precision Handling Limited and Precise Systems Limited. Precision Handling Limited provides ground handling services in Dar es Salaam, Kilimanjaro, and Mwanza. Precise Systems Limited used to distribute the Galileo reservation system to airlines and travel agents in Tanzania.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20173/31/2016Yes----

Industries
SIC Code Description
4512 Air transportation, scheduled

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Michael N.Shirima 74
Group Managing Director & Chief Executive Officer, Executive Director SaudaRajab 51
Finance Director EllyOsewe 1/1/2014
12 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 160,472,720 (As of 3/31/2018)
Stock Exchange: DAR
Fax Number: +255 222860725


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Tuesday, August 29, 2023