Ghana International Airlines was unable to transport passengers at airports in Accra, London and Düsseldorf on 14-May-2010 following reports of the carrier's financial collapse (Daily nation, 16-May-2010). Crisis negotiations to hire a private jet failed over financial arrangements, and all passengers were handed letters from the airline stating "the flights are terminated till further notice". GIA is owned by the Ghanaian Government (70%) and a US consortium (GIA-USA) (30%) but shareholders have been engaged in a legal dispute since 2006. The Government has reportedly been looking for partners to recapitalise and restructure the airline. Management of the company ceded to the minority partner under an agreement reached in 2006. The company encountered difficulties soon after it was established when the Government dismissed the minority shareholder, GIA-USA and terminated Brian Presbury’s contract as COO.
Ghana International Airlines collapses
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Ethiopian Airlines expands in West Africa with 737-800s at Togo affiliate ASKY & Lome-Newark service
Ethiopian Airlines is building up its West African operation, through expansion at the Togo-based affiliate ASKY and new long haul services from Lome to New York and São Paulo. ASKY is adding capacity to several of its 19 destinations as it takes delivery of two 737-800s, which will be the largest aircraft in its fleet.
ASKY took delivery of its first 737-800 in early Jun-2016, giving it a fleet of eight aircraft including three 737-700s and four Bombardier Dash 8 Q400s. ASKY plans to take delivery of a second 737-800 by the end of 2016, which will be used to replace one of its Dash 8 Q400s, driving a further increase in capacity.
Ethiopian resumed services from Lome to São Paulo in May-2016 and plans to launch services from Lome to Newark in early Jul-2016. ASKY is playing a critical feeder role for both long haul routes and its expansion also enables it to increase its share of the intra-West Africa market.