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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

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    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

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New home-based carrier to start operations this year

byPius Amihere Eduku
June 24, 2019
in Business, Top Stories, Transport
Joseph Kofi Adda - Aviation Minister

Joseph Kofi Adda - Aviation Minister

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Barring any last minute change, Ghana’s new home based carrier should commence operations this year [2019].

Information available to Citi Business News also indicates that the government and the management of Ethiopian Airlines have progressed in finalizing the agreement.

The Area Manager of Ethiopian Airlines in Ghana, Genet Michael confirmed the progress of work in an interview with Citi Business News.

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“As far as progress is concerned, the home-based carrier should start operations this year,” she said.

Basis for new national carrier

The new home based carrier follows attempts by the government to revive the state’s operation in the aviation space after the collapse of two earlier national airline companies.

The collapse of Ghana Airways as well as Ghana International Airlines over various instances of mismanagement has re-birthed the home based carrier which will fly the colors of Ghana but with minimal government interference.

For now, Ethiopian Airlines is the partner helping the government to achieve this aim.

The company controls 49 percent stake in the new national carrier.

The Area Manager for Ethiopian Airlines, Genet Michael further said that the outfit has commenced training for staff to work in the new national carrier.

“We are undertaking all the aviation sector training including marketing, cabin crew, pilot training as well as technicians so whenever there is demand, since we are doing the training, it will be easier for people to join the national carrier,” she added.

Government not to control majority stake

Meanwhile, Aviation Minister, Joseph Kofi Adda has indicated that the government will own not more than ten percent stake in the remaining 51 percent.

Private investors are expected to take up the remaining 41 percent.

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