Gov’t will take up not more than 10% shares in yet to be established home-based carrier

Aviation Minister, Mr. Kofi Adda, has clarified that the decision by government to operate a home based carrier does mean the state is going to own it.

In an interview with Kwabena Agyapong on Rainbow Radio 87.5Fm, the Minister said, government was still on course on revamping local airline operations by sourcing aircraft for carrier and was hopeful the private sector will paly a key role.

He said, the home-based carrier will fly the flag of Ghana and will comprise of partners both local and foreign as well.

The Minister said government would own maximum 10 per cent shares with the rest being from private individuals (both local and foreign).

He explained the 10 per cent shares for government is because it will carry the flag of Ghana.

According to him, Ghana will explore the option of sourcing aircraft from other countries across the globe in terms of structure, shareholding, fleet capacity, and routes among others.

The private sector he disclosed has shown interest and government is the process of examining the shareholder agreement.

The partnership between Ghana and Ethiopian Airlines he said will still go o.

Government in December 2018, signed a MoU with Ethiopian Airlines for them to be a major partners in the setup of a home-based carrier.

Under the MoU, Ethiopian Airlines is expected to bring on expertise and aircraft.

The Minister has also allayed fears of citizens over the recent crash of an Ethiopian Airline plane insisting the airline company fits perfectly into the decision by government on this venture.

Government has put in place measures to improve the infrastructure, such as the expansion of the Arrival Hall of Terminal 2 and construction of Terminal 3 at the Kotoka International Airport (KIA); construction of a new terminal building at the Kumasi Airport; expansion of Tamale Airport; reconstruction of the Wa Airport; reconstruction of the Wa Airport and construction of a new airport in Volta region capital of Ho.

These projects all require the establishment of a home-based carrier that will focus on operating domestic and regional routes before taking on the rest of world.

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