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
- $3bn Eurobond cash likely to hit BoG’s account this week
- Ghana, Denmark sign strategic maritime sector cooperation
- What African Central Bankers will discuss in the next 7 days
- Payment Systems and Settlement bill to transform fintech space
- Total wants to drill for oil in the world's fastest Ocean Current
- Economic integration of Africa low -- Report
- The little drops of entrepreneurs who are making a mighty ocean
- FBNBank embarks on 125km relay walk
- Ghana among top 10 investment destinations in Africa
- Some OMC’s increase fuel prices to recover cost associated with cedi's depreciation
- No Ghana Post GPS, no business registration - Registrar General
- Ghana among RMB’s 2019 top 10 Investment Destinations in Africa
- Brexit costing UK economy $1 billion a week
- Private sector credit growth expected to rebound – BoG Survey
- SEC assures investors of vibrant asset management industry