Audio By Carbonatix
The Ghana International Airline is looking for investors to partner it to become a vibrant business.
The national carrier since its formation some four years ago has been struggling to survive.
It has been on state subvention worth some $1.5 million a month until March this year when government withdrew that support.
Cabinet has however taken a decision to resume the support it until the end of this year after which the airline is expected to find its feet.
It is feared this could lead to the collapse of GIA. But its Chief Executive Gifty Anna-Myers tells Joy FM the airline will get new partners to sustain its operations.
Meanwhile a suit by the minority shareholders, GIA US, at the International Court of Justice against government, the majority shareholder could stall any effort to bring in new partners.
But Mrs. Anna-Myers believes there is a way out.
“Prospective investors who have made contact with us in the past, we have written to all of them. We’ve told them we now have the green light to bring you guys on board. Please come for a discussion and let’s see how we go from here,” she told Joy News.
She hinted that some of the prospective investors have already tendered in their interests and the company is considering the proposals.
The airline is currently the number carrier from Düsseldorf to Accra and Mrs Annan-Myers hopes to replicate this feat on the major aviation highways from the country.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kwame Dadzie: Don’t spend government’s GH¢5 million to film sector
11 minutes -
Former Accra Mayor Blankson endorses Wontumi for NPP national chairmanship
1 hour -
Eid festivals explained on Behind The Lens with Queen Liz
1 hour -
Meet Emelia Naa Ayeley Aryee, the Ghanaian Gender Advocate helping couples overcome infertility stigma
2 hours -
Oil pulls back as traders look for progress on US-Iran talks
2 hours -
The proposed imposition of a 0.75% fee on Mobile Money-To-Bank transfers raises serious concerns regarding fairness, financial inclusion, and the underlying principle of interoperability within the digital financial ecosystem
2 hours -
Trump raises refugee ceiling by 10,000 to bring in more white South Africans
2 hours -
One killed and others missing after chemical explosion at US paper mill
3 hours -
First Ghanaians set to be repatriated from South Africa over anti-immigrant protests
3 hours -
Deliver or be questioned – Majority Chief Whip warns OSP
3 hours -
Crime is everywhere – Dafeamekpor slams OSP’s Accra-centred operations
3 hours -
Don’t be cocooned in Accra – Dafeamekpor pushes OSP to invade districts
4 hours -
Free sanitary pads and pad bank Initiative cut teenage pregnancy in Bosomtwe – Girl Child coordinator
4 hours -
Asunafo North Municipal Assembly deploys DL-Rev Software to tackle revenue shortfall
4 hours -
General Mosquito promised to ‘annihilate’ NPP – Dafeamekpor reveals details of earlier tour
4 hours