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  • Chidozie Uzoezie

Air Cote d'Ivoire in Talks With Airbus and Bombardier

Ivory Coast's national carrier Air Cote d'Ivoire is in discussions with Airbus and Bombardier to renew its existing fleet and provide new aircraft for a planned expansion, the company's chief executive said.

The company, which launched last year, currently services 17 destinations in West Africa with its fleet of four leased aircraft, including three Airbus A-319s and an Embraer 170.

It will open domestic routes next month with two Q400 NextGen aircraft purchased from Bombardier last year.

"We have retained the two companies with whom we continue the discussions, and at the end of October we'll take a decision on our future fleet," CEO Rene Decurey said.

Air Cote d'Ivoire plans to add three more aircraft by 2016, he said, adding that Boeing and Embraer had also been involved in the initial talks to supply planes for the expansion through either leases or purchases.

Decurey said the company plans to raise its capital from 25 billion CFA francs ($48 million) to 65 billion CFA francs by the end of the year.

The Ivorian state will inject 20 billion CFA francs and the West African Development Bank will become a shareholder with an injection of 2 billion to 5 billion CFA francs, he said.

Goldenrod will maintain its 15 percent stake in the new arrangement, but Air France has not yet decided whether it will inject capital into the airline, he said.

Source: Reuters

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Comments (25)

Sep 21, 2022

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Sep 30, 2022

Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.


Oct 24, 2022

Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.


Nov 10, 2022

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Nov 18, 2022

Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.


Dec 04, 2022

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Dec 15, 2022

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Jan 07, 2023

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Aug 07, 2023