The Ivorian government announced the disbursement of $24 million to support the national carrier -Air Côte d'Ivoire- which has been running a deficit since 2012 when it started operations. In an interview with Reuters on June 26, the company’s MD, René Decurey (pictured), said the government support will help keep the company afloat and mitigate the impact of the pandemic.
Air Côte d'Ivoire has suspended operations since mid-March this year in line with the measures taken by governments all over the world to control the propagation of the coronavirus. The situation has worsened the company’s already fragile financial state. In 2017, the Ivorian airline reported a five-year cumulative loss of CFA65.5 billion (about $112 million).
Three months after it suspended its operations, the company announced it has resumed domestic flights on June 26 and is expecting international lines to reopen on July 1st. “If everything goes well, the airline hopes to recover 80% of its passengers by the end of 2020, if it resumes regional services in Jul-2020,” explained René Decurey.
As part of the densification of its fleet, Air Côte d'Ivoire, which carried more than 750,000 passengers last year, was expecting the delivery of the first two Airbus A319neo and A320neo aircraft from the second quarter of 2020. According to René Decurey, the A320neo will be delivered next October, bringing the fleet to eleven aircraft. Currently, the airline operates four A319ceo, two A320ceo, and four Dash8-400s.
Romuald Ngueyap
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
BYD plans to open 35 dealerships in South Africa by Q1 2026, earlier than initially scheduled...
The government will apply a 15% tax on all payments to foreign digital platforms starting Jan. 1...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Air Algérie begins legal restructuring and spins off maintenance operations New ground services and training subsidiaries planned to launch January...
• Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” • Cotonou remains calm, but residents stay cautious as...
In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation remained calm this morning despite a tense start....
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims to cut costly foreign maintenance reliance for Nigerian...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...