Cameroon
Struggling Cameroon’s flag carrier, Camair-Co, is hoping to rebound despite being hit by persistent turbulence since its take off five years ago.
Camair-Co currently has a fleet of five aircrafts but is aiming to finally soar over its troubles after Boeing, which was hired to advise the company, advocated a fleet of at least 14 aircraft to enable the airline become competitive.
The Douala based airline has accumulated a debt of 30 billion CFA francs.
Data from Cameroon’s civil aviation authority indicates Camair-Co is ranked 3rd on the Cameroonian market with 11% market share behind Air France, 21%, and Brussels Airlines, 13%.
Camair-Co was created on September 11, 2006 in a measure aimed at replacing Cameroon Airlines, the country’s national airline at that time.
Cameroon Airlines was shut down in June 2008, but it took until 2011 for Camair-Co to launch flight services.
The airline recently became the latest member of the International Air Transport Association, having passed what is considered in aviation as the gold standard for airline operational audits and hopes the new status will catapult it to new heights.
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