
Audio By Carbonatix
Domestic carrier, FLY 540 has temporarily suspended its operations for making losses.
This is coming after Royal Jordanian pulled out of the country whilst Air Namibia is also set to do same by next month – both due to high operational costs.
FLY 540 has said its decision to temporarily halt its operations in Ghana is primarily aimed at restructuring its business.
FLY 540 is a part of African Airline Group, FASTJET. Aside its Ghana operations, it made the same move last month with its Angolan business and has decided to put both on the back burner as part of a review into Fly 540.
The Group adds that it has decided to focus its efforts on East and Southern Africa, but has not ruled out a return to Angola or Ghana in the future.
The company said in a statement: “FASTJET has concluded that although Ghana presents very significant long-term opportunities for its low-cost model; in the short term, the company intends to fully focus on the considerable potential of opportunities in East and Southern Africa, and this legacy 540 operation is not therefore part of the core low cost FASTJET model.”
Latest Stories
-
Fifty 50 Club commissions maternal and child health centre in Kyekyewere-Dadwen
4 minutes -
‘My late father would be gutted and disappointed’—Kwadwo Safo Jnr reacts to Kwabenya incident
10 minutes -
Prudential Bank goes ‘Prevention First’ with free health screening for staff
21 minutes -
Ireland considers health-led approach as committee pushes for drug possession decriminalisation
24 minutes -
Eight sentenced to 450 years in prison over anti-ICE riot where officer was shot
25 minutes -
Xenophobia in Africa: A pattern beyond South Africa
27 minutes -
Inside HillTop Fast Food’s ambition to become a national brand
27 minutes -
Fire Service engages industries to boost emergency preparedness in Western Region
29 minutes -
Kenya to charge students with murder over deadly school fire
30 minutes -
Ronaldinho trades retirement for third-tier Italian dreams at 46
34 minutes -
Oracle Gym Centre positions for growth in expanding wellness market
44 minutes -
Ahiagbah urges Ghanaians to defend Judicial independence following Torkornoo ruling
46 minutes -
Inflation to average 12.8% in 2027
1 hour -
Legacy Girls’ College to host 2-week impactful summer camp for girls
1 hour -
Richard Ahiagbah questions ECOWAS Court ruling on Torkornoo case
1 hour