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Actualités of Friday, 11 September 2015

Source: cameroon-info.net

Camair-Co will never have a positive cash flow with DJA- Ouandji

Bernard Ouandji Bernard Ouandji

After the wind of crisis that shook the national airline of Cameroon, characterized by manifestations of anger from disillusioned clients, Executive Director, Jean-Paul Nana Sandjo told the Pan-African Magazine Jeune Afrique that the situation would return to normal on Thursday, September 10, 2015.

Camair-Co is counting on the return of the Boeing 767 - 300 ER, called the DJA, which operates the long haul flights. The craft was blocked for several days in Perpignan (in the South of France) pending the replacement of a faulty engine.

For the Economist and financial expert, Bernard Ouandji, it is precisely because Camair-Co, "The star of Cameroon", based its plan on the re-launch of this aircraft that it is bound to sink.

In an interview with the daily newspaper, Mutations on June 5, 2015, the latter indicated that “Camair-Co will never have a positive cash flow as long as its operates the DJA. The business plan of Camair-Co is doomed to failure, because it takes as starting point Boeing 767 called the DJA which Camair had abandoned".

Bernard Ouandji also believes that those who formulated the business plan of Camair-Co are Yaoundé politicians who said themselves "we have the airplane, the DJA, let us send it for revision in Ireland then assign it to the Paris line».

It was, according to him, the fundamental error, because after four years of detention of the DJA, "it was safer to nothing and it turned out that the cost of the time of flight of the DJA (fuel consumption, spare parts) is twice the cost of a B 767 of new generation. It should be recalled that the DJA is over twenty-five years.