(Ecofin Agency) - The government of Cameroon has put Boeing Consulting in charge of the elaboration of the re-lauching plan for Cameroon Airlines Corporation (Camair Co), private Daily Mutations reveals quoting a correspondence from Secretary General at the presidency, Ferdinand Ngoh Ngoh, sent on October 9, 2015, to the chairman of Camair Co’s board of directors (CBD), Edouard Akame Mfoumou.

Responding to Edouard Akame Mfoumou’s request to get the president’s approval to resort to the services of Boeing Consulting to re-launch Camair Co, the correspondence states that “this option does not exclude the participation of other qualified firms in Camair Co’s audit. The procedure for the selection of an audit firm, as required by the ministry of Finance, is therefore going as planned”.

Last September, the minister of Finance Alamine Ousmane Mey, launched “a call to interest to recruit a consultant to audit and help Camair Co through the elaboration of a re-launch plan”. The deadline for the submission of proposals was on 30 September 2015. The selected firm will hence work with Boeing Consulting who is to insure that the plan drawn is viable and competitive.

It should be reminded that since its commissioning in 2011, Camair Co’s solely survives on government funding. The company only has three airplanes and an official debt of 30 billion FCFA.

Recently, the government raised 25 billion FCFA from a pool of local banks to finance the re-launch plan for the state-owned firm. This loan is to adapt to the plan which will be established, highlights the presidency’s secretary general in its correspondence to Camair Co’s CBD.

BRM