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Wednesday, 23 July 2014 00:00

The Boeing 737-700 of the Cameroonian Airlines Corporation (Camair-Co) which was seized in France, has been returned to the company.According to the sources the happy ending came after the payment of $1.4 million which the US-based Aviation Capital Group (ACG) had been asking from the Cameroonian company for a long while with no one taking responsibility.

To date the Camair-Co float is made up of three aircrafts which enables her services across Africa  and stopovers in France which serves as its so called Godfather.

The airlines which is 100 percent owned by the Cameroonian State re-launched its activities on 28 March 2011.

The national career has since witnessed countless resignations of its managers with heavy debts estimated between $19 and 20 million,corruption and interfearance from  Government officials occupying passenger seats with their girlfriends for free  on weekend trips to France.

According to observers the difficulties of the company are mainly linked to such demise , coupled with uneasy social atmosphere.

Published in Business

Headlines On Cameroonian English Tabloids

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .



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