We are in an FCFA 30 billion debt - Camair Co Director

Despite the delivery of two new planes by the Chinese company, Avic International recently, the fate of Camair Co is still jittery. This was revealed by Camair Co’s Managing Director, Jean Paul Nana Sandjo.

“Camair-Co was launched under circumstances that created a lot of debt. Today, we are recovering, but we still owe 30 billion FCFA. Simply put, things are still bad,” he confessed as he went on to reveal Cameroon’s national carrier’s colossal debt after recently celebrating its fourth birthday.

With 700 employees, “we have to reduce our labour force to less than 150. We currently have 250,” stated Camair Co’s Managing Director. With this situation at hand, Jean Paul Nana Sandjo maintains that the company has no alternative but to consolidate its fleet which now comprises three aircraft servicing “15 destinations.”

Confronted with financial struggles since it opened, with high charges (for example, a flat tire has to be sent abroad for repair due to a lack of technical capacity) and low revenue, the national carrier, currently holding third place behind Air France and Brussels Airline, has come this far thanks to financial support from the government.