Who owns Precision Air?
Precision Air is owned by Precision Air Services Plc (Tanzania, DSE: PAL).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Precision Air Services Plc Annual Report and Financial Statements for the year ended 31 December 2024, 31 December 2024. Last checked .
Key facts
- Current owner
- Precision Air Services Plc reported
- Owner HQ
- 🇹🇿 Tanzania, Dar es Salaam
- Origin
- 🇹🇿 Tanzania, Dar es Salaam
- Category
- Travel & transport › Airlines
- Parent ticker
- DSE: PAL
- Last verified
- · 1 sources
About Precision Air
Precision Air is a Tanzanian regional and domestic airline operated by Precision Air Services Plc. Its 2024 annual report says the principal activities are regional and domestic air carriage of passengers and cargo, that it flew to fourteen destinations in 2024 including Arusha, Kilimanjaro, Mwanza, Zanzibar, Nairobi and the Comoros, and that its principal place of business is in Dar es Salaam. Kenya Airways Plc holds 41.23% of the company.
Ownership timeline of Precision Air
- Current owner Precision Air [1] reported
Where Precision Air sits in Precision Air
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Precision Air ownership tree →
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: Precision Air
Precision Air is a publicly listed company headquartered in Dar es Salaam, Tanzania. Brandtree records 1 brand under its control, and it is listed as DSE: PAL.
Tanzanian airline company incorporated under the Companies Act No. 12 of 2002 as a public limited company, with shares traded on the Dar es Salaam Stock Exchange. Its 2024 annual report lists its shareholders at 31 December 2024 as the estate of the late Michael N. Shirima (42.91%), Kenya Airways Plc (41.23%) and the public (15.86%); Kenya Airways is therefore a minority shareholder, not the parent. Its two subsidiaries, Precision Handling Limited and Precise Systems Limited, are dormant and are not airlines.
Precision Air: full profile, brands and acquisition history →
🇹🇿 Precision Air and other Tanzanian brands
Brandtree records a controlling owner for 16 brands that began in Tanzania. 3 of them (19%) are now controlled by a company headquartered in another country; Precision Air is not one of them.
- Air Tanzania — Air Tanzania 🇹🇿
- Auric Air — Auric Air 🇹🇿
- ZanAir — ZanAir 🇹🇿
- African Fruti — Bakhresa 🇹🇿
- Jahazi Restaurant — Gulf Hotels Group 🇧🇭
- Masafi — METL Group 🇹🇿
Frequently asked questions
Who is the parent company of Precision Air?
The parent company of Precision Air is Precision Air Services Plc, a publicly listed company headquartered in Tanzania.
Is Precision Air Tanzanian?
Yes. Precision Air originated in Tanzania and its owner, Precision Air Services Plc, is also headquartered in Tanzania.
Is Precision Air still owned by Precision Air Services Plc?
Yes. As of 4 October 2026, Precision Air is still owned by Precision Air Services Plc. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Precision Air Services Plc Annual Report and Financial Statements for the year ended 31 December 2024 — Precision Air Services Plc, Annual report, published 31 December 2024; retrieved 4 October 2026.
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