Cameroon’s state airline
Camair-co has suspended West African flights in its struggles to stay afloat. According
to Top Business, a Cameroon publication, the company recalled its staff from
Abidjan in Ivory Coast, Lagos in Nigeria and Cotonou in Benin.
The report said Camair-co General
Manager Louis Georges Njipendi Kuotu officially recalled the staff a week ago
on October 16. The company’s spokesman had not responded to our request for
comments.
The decision by top management to
recall personnel and suspend the routes was attributed to dimming financial
prospects for the carrier dubbed “The Star of Cameroon.”
The airline has grappled with
financial and managerial crisis since it began operations in March 2011 with
the state injecting $64 million.
It acquired one Bombardier
aircraft last year, bringing its fleet to six, but some of its aircraft is
grounded for varying reasons.
The carrier inherited one Boeing
B767-300 from Camair and bought two Boeing B737s and two Chinese-made MA60
planes at launch.
Pet project
In May President Paul Biya fired
former General Manager of the company, Ernest Dikoum and his deputy Moussa
Habouba.
A former regional director of
Emirates Airlines for Senegal and Guinea, Mr Dikoum had been at the helm of the
national carrier for just 33 months (since August 2016).
He was replaced by Louis Georges
Njipendi Kuotu, former chairman of the Board of Directors of the Airlines
Corporation while Max Constant Mve Minsi, a former director of maintenance in
the firm, was appointed Deputy General Manager.
President Biya also appointed
current Transport Minister, Jean Ernest Massena Ngalle Bibehe as chairman of
Camair-Co’s Board. Because of the small fleet, the company has been
uncompetitive with flight cancellations endemic.
An audit by Boeing Consulting
revealed that Camair-co recorded a deficit of FCFA 35 billion ($60 million)
between 2012 and 2014. The audit showed FCFA 20 billion ($34.2 million) was
owed by state enterprises.
Boeing recommended a government
bailout and cash injection of $101 million in addition to fleet expansion. Camair-Co
rose from the ashes of the defunct Cameroon Airlines (Camair) in 2006 as one of
President Biya’s pet projects.
23, October 2019
CPDM Crime Syndicate: Camair-Co halts west Africa flights 0
Cameroon’s state airline Camair-co has suspended West African flights in its struggles to stay afloat. According to Top Business, a Cameroon publication, the company recalled its staff from Abidjan in Ivory Coast, Lagos in Nigeria and Cotonou in Benin.
The report said Camair-co General Manager Louis Georges Njipendi Kuotu officially recalled the staff a week ago on October 16. The company’s spokesman had not responded to our request for comments.
The decision by top management to recall personnel and suspend the routes was attributed to dimming financial prospects for the carrier dubbed “The Star of Cameroon.”
The airline has grappled with financial and managerial crisis since it began operations in March 2011 with the state injecting $64 million.
It acquired one Bombardier aircraft last year, bringing its fleet to six, but some of its aircraft is grounded for varying reasons.
The carrier inherited one Boeing B767-300 from Camair and bought two Boeing B737s and two Chinese-made MA60 planes at launch.
Pet project
In May President Paul Biya fired former General Manager of the company, Ernest Dikoum and his deputy Moussa Habouba.
A former regional director of Emirates Airlines for Senegal and Guinea, Mr Dikoum had been at the helm of the national carrier for just 33 months (since August 2016).
He was replaced by Louis Georges Njipendi Kuotu, former chairman of the Board of Directors of the Airlines Corporation while Max Constant Mve Minsi, a former director of maintenance in the firm, was appointed Deputy General Manager.
President Biya also appointed current Transport Minister, Jean Ernest Massena Ngalle Bibehe as chairman of Camair-Co’s Board. Because of the small fleet, the company has been uncompetitive with flight cancellations endemic.
An audit by Boeing Consulting revealed that Camair-co recorded a deficit of FCFA 35 billion ($60 million) between 2012 and 2014. The audit showed FCFA 20 billion ($34.2 million) was owed by state enterprises.
Boeing recommended a government bailout and cash injection of $101 million in addition to fleet expansion. Camair-Co rose from the ashes of the defunct Cameroon Airlines (Camair) in 2006 as one of President Biya’s pet projects.
Source: The East African