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
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Botswana and Oman signed strategic agreements that include a 500-MW solar photovoltaic project. T...
Côte d'Ivoire launches Tradepost to digitize and streamline regional postal logistics System harmonizes customs and tracking to ease cross-border...
Weeks ahead of the 2025 Africa Cup of Nations (AFCON), Francophone public broadcasters are seeking to secure the rights to show more matches free-to-air....
BUA partners with Bühler to build a 32-ton/hour rice processing line Expansion aims to boost capacity as Nigeria imports 2.5m tons...
50 oil and gas blocks opened to tender (15 onshore, 19 shallow-water, 15 frontier, one deepwater) under the next licensing round planned for January...
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...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...