in Air Transport

Afric Aviation suspends operations

Posted 12 June 2017 · Add Comment

Gabon's Afric Aviation has suspended operations for a period of six months effective immediately, reports ch-aviation.

Quoting an internal communique to staff issued by management, L'Union newspaper reports the carrier made the move given mounting financial difficulties. A skeleton staff will be retained over these next six months to help restructure and recertify the carrier. During this time, management will also attempt to find willing partners eager to invest in the Gabonese carrier.

The communique blamed the carrier's difficult financial position on customers that have delayed payment of invoices, due to the widespread economic and financial crisis currently affecting the Central African state. It also recorded financial losses resulting from the prolonged grounding of its only ATR 72-212, and especially the unexpected termination of aircraft leases in operation.

"Before long, management will put into effect, a recovery plan for the said operation, which will result in the opening of the capital to new investors; the re-certification of the company and the commissioning of new aircraft," the statement said.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Dassault delivers 2,500th Falcon business jet

Dassault Aviation recently delivered its 2,500th business jet, marking yet another landmark event in the storied saga of the Falcon line.

Air Serv begins operations in Kananga, Democratic Republic of the Congo

Air Serv has deployed a start up team and Cessna Caravan to Kananga, Democratic Republic of the Congo (DRC), to launch a new program in support of humanitarian organizations working in the region. July 10, 2017 saw the departure of the

SA Airlink to provide services to St Helena and Ascension Island

St Helena Government and SA Airlink (Airlink) has signed an agreement for Airlink to provide scheduled commercial air services to St Helena Island. Airlink will also operate a monthly charter service between St Helena and Ascension

SAA wins 'Favourite Airline in Africa' award

South African Airways (SAA) has been named “Favourite Airline in Africa” for the third consecutive year at the annual Trazee Awards.

LATAM Airlines appoints commercial manager for the Africa

LATAM Airlines has appointed Guido Blanco as the new commercial manager for the UK, Africa and Nordic Countries.

Air Leisure ends A340 operations

Egypt's Air Leisure as ended A340-200 operations following the withdrawal from revenue service of its last remaining aircraft of the type - SU-GBM last month, reports ch-aviation.

AfBAC Expo SK2017
See us at
ACI Africa BT77181017GroundHandling BT0303280917Aviation Africa BT18418Global Aerospace BT28218AfBAC Expo BT2017