Category: Transport
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Domestic airlines to lay off over 100 workers
Citi Business News has gathered that over 100 workers of domestic airlines in the country are likely to be laid off in the coming days. [contextly_sidebar id=”Cv79rk4SU8gxO5mAzML4aYoLaIBWPQmn”]This comes after Ghana Airport Company Limited (GACL) directed domestic airline operators to handover their ground handling operations at all airports to private companies Aviance Ghana Limited and AHS Menzies.…
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COCOBOD charges defaulters to arrange for bank guarantees to defray debt
COCOBOD has tasked the five cocoa processing companies who are indebted to the board to arrange for bank guarantees to get the monies paid. [contextly_sidebar id=”DR4RWhxreGAaVV4cQFaLuYVwQkZLi6nh”]Cocoa Processing Company (CPC), West African Mills Company (WAMCO), Real Commodities, Afrotropic and Plot enterprise owe COCOBOD a total of 131 million dollars for cocoa beans supplied over the years.…
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South African Airways makes debut flight from Accra to Washington
The South African Airways has officially made its inaugural flight to Washington D.C. in the United States. The Airline will fly four times a week from the Kotoka International Airport to Washington Dulles. The first flight departed from the Kotoka International Airport in Accra at 22:45 on Sunday, August 2. Ghana’s Minister for Transport Dzifa…
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Ghana Civil Aviation Authority gets new boss
Simon Allotey has been appointed the new Director-General of the Ghana Civil Aviation Authority (GCAA), Citi Business News has learnt. The Authority has been without a substantive Director – General since Air Commodore (rtd.) Kwame Mamphey, retired last year. The Authority, following the retirement of Air Commodore Kwame Mamphey, was headed by Abdullai Alhassan as the…
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Establishment of national airline to go ahead despite World Bank pullout
The Transport Ministry insists the establishment of a new national airline will go ahead as planned despite the pullout of the World Bank who were partially funding the project. [contextly_sidebar id=”knpu7AVuhZsR7QyWrM1ZHSeqtE7EdPvC”]The World Bank has withdrawn its 30 million dollar support for the establishment of the new national airline under a Public Private Partnership (PPP) arrangement.…
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EU lifts ban on Ghanaian airlines
The European Union Commission in charge of air safety has lifted a nine-year ban imposed on two Ghanaian registered carriers. [contextly_sidebar id=”Ei1cOYoUxEiS0e0NVZHTkapX2FpD1XSW”]This comes after the Ghana Civil Aviation Authority (GCAA) made a case against the ban which was placed largely due to safety concerns raised by the EU. In March 2006, the EU air safety…
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Domestic airlines to slash fares
Domestic Airline operators have hinted to Citi Business News prices of domestic airfares will soon be reduced following the performance of the cedi against major foreign currencies. [contextly_sidebar id=”pHYbZlAO9JwFvypLDhWMYfV8LcsSFRFj”]The cedi in the past weeks has appreciated against major foreign currencies including the dollar. Its performance has been attributed to the weekly injection of some 20…
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World bank raises concerns over new national airline
Citi Business News has gathered that the World Bank has raised concerns over the proposed arrangements for the setting up of new national airline. [contextly_sidebar id=”WC71e0MWMNLRFrsl4u1gduklRDmPtQyJ”]According to sources the proposed arrangement in the feasibility report from PricewaterhouseCoopers (PWC) which has been submitted to the World bank, which are financiers of the project is currently under…
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Lufthansa officially notifies government over its pullout from Ghana
Citi Business News has gathered German airline, Lufthansa has officially notified the transport ministry over moves to pull out of Ghana. [contextly_sidebar id=”hy4UE6EwOFDzU08zIRbbI3NauWQBlqwm”]Lufthansa will from the first of October this year cease operations in Ghana. The airline operations and routes in Ghana will now be taken over by Belgian carrier, Brussels airlines which Lufthansa has…