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Domestic airlines in trouble as ¢edi depreciation bites hard

Domestic airlines are facing their worst operational challenges ever, as rising cost of operations, fuelled by the depreciating cedi and a drop in passenger numbers erodes their profits and earnings in general. The situation has been compounded by new entrants into the already choked market. This has forced a few of the airlines to pull out, downsize or diversify their ...

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British Airways passengers to enjoy on-board WiFi soon

Travelers on British Airways would soon enjoy additional luxury, as the airline looks at having internet connectivity on-board. Passengers can now be on top of their emails, social media and even stream live TV up in the sky. The project which is currently on trial gives passengers access to on-board WiFi which is compatible to most mobile electronic devices. Currently British Airways has only one ...

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Adenta aviation hub to be converted into an industrial centre

Government is to go ahead with plans to convert the land for the proposed Adenta aviation hub into a light industrial area after smoking the peace pipe with land owners. The parcel of land which is in Adenta covers about 600 acres. It was acquired by government through the transport ministry in the 1960ties from the Agbawe quarter of La ...

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GCAA boss resigns

Director-General of the Ghana Civil Aviation Authority (GCAA), Air-Commodore (Rtd.) Victor Kwame Mamphey, has handed-in his resignation to the regulator’s board. The nine-member board chaired by Air Vice-Marshal Christian Edem Dovlo has subsequently approved his resignation, which takes effect from June 30, 2014. Air-Commodore (Rtd.) Mamphey was appointed Director-General of the GCAA in 2009, and is credited with overseeing transformation and growth of the aviation industry over the past five years. With just one main domestic operator and a dozen ...

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SSNIT pays questionable GH¢2.4million to Vanef

The Social Security and National Insurance Trust (SSNIT) paid over GH¢2.4million on behalf Intercity STC (STC) Company Limited to the former owners of STC, Vanef Consortium, to settle a dispute, when in fact a Vanef owed STC over GH¢2.8million, B&FT investigations have revealed. The majority shareholder of the ailing transport company made the payment to Vanef Consortium, represented by Mr ...

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GM recalls more cars over ignition concerns

General Motors (GM) has recalled more than 500,000 Chevrolet Camaro cars, mostly in North America, after finding a fault with the ignition system. The car manufacturer said a driver’s knee could bump the key fob and turn it out of the “run” position, causing a loss of power. GM said the fault had led to three crashes, causing four “minor” ...

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Tanink Ghana outdoors latest Jeep, Chrysler and Dodge vehicles

Tanink Ghana Limited on Thursday unveiled the latest models of three classy vehicles – the Dodge Durangos, Chrysler 300C and Jeep Compass. The wholly-owned Ghanaian company, is also the distributor of Fiat, Alfa Romeo and Iveco vehicles in Ghana. At a ceremony held at the company’s premises in Tema, just off the Accra-Tema Motorway, the Transport Minister, Dzifa Attivor, unveiled ...

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Tanink Ghana takes delivery of latest Jeep, Dodge and Chrysler vehicles

Automobile giant, Tanink Ghana, has taken delivery of its first batch of the latest models of luxury Jeeps, Dodge and Chrysler vehicles. The company, which until now only dealt in Fiat, Alfa Romeo, and Iveco vehicles, late last year acquired the franchise to add the top range luxury vehicles to its fleet of offerings. Currently sitting in Tanink’s redesigned, custom-made ...

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Ghana Business News