Struggling West African airlines seek capital, partners
By Tansa Musa and Diadie Ba YAOUNDE/DAKAR (Reuters) – Cameroon state airline Camair-Co will use $50 million from African lender Ecobank to relaunch its operations, a senior executive said, as national carriers in West Africa seek cash and strategic partners to stay afloat. Camair-Co general manager Jean Paul Nana Sandjo said it expected to receive the 30 billion CFA francs within two to three weeks. A sit-in at loss-making Senegal Airlines by employees demanding six months of salary arrears, which entered its fourth day on Thursday, underlined the challenges facing West Africa’s state carriers. The airline’s management was not available to comment but flights continued as normal, airport staff said.
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Struggling West African airlines seek capital, partners