Chinese credit lifts off African airline

IT is no secret that Chinese investors are pumping huge sums into Africa, the ‘emerging’ continent. These funds have now created a new passenger and cargo airline in west Africa.

Africa World Airlines Limited (AWAL), backed by Chinese and Ghanaian money, has obtained its air carrier licence from the Ghana Civil Aviation Authority (GCAA) and will begin flight operations in mid-2011.

Services will fly from Accra to three Ghanaian cities of Kumasi, Tamale and Takoradi.

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest news

Kerry Logistics wins Junzi Corporation award for business ethics

By Rachelle Harry

Kerry Logistics has received the Junzi Corporation Award for Business Ethics from the Hang Seng University of Hong Kong (HSUHK)….

Read More

DB Schenker outlines a challenging year ahead for airfreight

By Damian Brett

DB Schenker’s head of airfreight in the Americas is expecting another challenging year for the industry with flat airfreight rates,…

Read More

GEODIS beats its own peak season shipping record

By Rachelle Harry

Despite a tough trade outlook, GEODIS shipped 23m units to the US between Thanksgiving (November 28) and Cyber Monday (December…

Read More