The Minister of Aviation, Kofi Adda, has assure Ghanaians that the new home-based carrier would be operational by the second quarter of this year after finalizing agreements with various inventors.
This includes finalizing the Memorandum of Understanding (MoU) with the Strategic partners Ethiopian Airlines as well as completing negotiations with other co-investors.
He said, ‘‘we’ve gone quite far entering into a Memorandum of Understanding with Ethiopian Airlines. We’ve also been engaging other investors interested in the Airline and we’ve gone very far with that.’
According to Mr Adda, they are hopeful of concluding all discussions with all interested investors by end of March and hopefully commence operations of the home-based carrier by the second quarter of this year.
He spoke to JoyBusiness at the first strategic aviation sector meeting held at the Peduase Valley Resort under the theme, ‘Aviation: a catalyst for socio-economic development.’
The two-day meeting saw the participation of various regulators in the aviation industry.
The meeting will see the various regulators come up with an action plan to help implement policies in the sector with the aim of elevating the industry to contribute significantly to the economy as well as help the nation become an aviation hub.
Have your say
More Business Headlines
- Ghana, Cote d'Ivoire resume sale of cocoa beans
- UBA unveils marketing platform for entrepreneurs
- BoG keeps policy rate at 16%
- Electric car models to triple in Europe by 2021
- Boeing to take $4.9bn hit in second quarter on 737 Max grounding
- Ghana's debt now GHS200 billion
- Gov’t urged to formulate new tax compliance rules for increased revenue
- Vodafone talks private sector relevance in SDGs at UN Forum
- Nelson Mandela Day: Barclays, ALU scholars pay courtesy call on SA High Commissioner
- Insurance industry could wield more money than banks – Rev Okosun
- Engage NIC to avoid casualties - CIIG
- Kingdom Exim Ghana, CEO awarded at Ghana Shippers Award 2019
- Enforce laws barring foreigners from retail trade - Majority Leader to agencies
- GTBank, Ria partner Zeepay to launch Ria2Mobile money transfer service
- AirtelTigo mentors 40 young aspiring entrepreneurs