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
• AU launches campaign to replace distorted Mercator map projection• Equal Earth map promoted to sho...
• Shell to drill 5 new exploration wells in Namibia’s PEL 39 block in 2026.• Campaign aims to better...
• Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million U...
Late-July drought in Côte d’Ivoire and Ghana lifts cocoa futures despite weak global grindings dat...
• President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central...
The cabinet has approved preparations for a debut USD 1.5B Eurobond before June 2026 to fund key infrastructure projects. Investors await details on...
ISACA and INGRYD Academy launch program to train 10,000 Nigerians in tech by 2030 Each year 2,000 students will get training, ISACA certifications,...
Botswana signs $12 billion investment agreement with Qatar’s Al Mansour Holdings Deal spans infrastructure, energy, mining, agriculture, tourism,...
Government sets 2025/26 wheat output target at 6,000 tonnes, more than double last year’s harvest. Production area rose tenfold in 2024/25 to 1,342...
Yambi City is an annual festival that takes place every year-end in Kinshasa, driven by the Afrika Diva collective and spearheaded by activist rapper...
Galerie36 in Dakar showcases modern African art, fostering cultural exchange. Ayofemi Kirby’s intimate gallery redefines art spaces with a community...