(Business in Cameroon) - Cameroon Airlines Corporation (Camair Co), the Cameroonian public carrier, “has had “a rising trend in its sales” since the start of 2014. This is what Managing Director, Frédéric Mbotto Edimo (photo), asserted while being interviewed by the government daily publication, adding that “passenger and freight sales” have experienced “8% in overall growth” since January 2014, while “flight regularity and punctuality are currently at almost 98%”.
This is all good news for the Managing Director who has announced the start of the implementation of an economic and financial recovery plan for the company, proposed by the directors and accepted by the Cameroonian government. The Cameroonian public sector airline is also undertaking to be IOSA certified “before the end of the year”. Certification which will enable “the opening of several opportunities for Camair Co” including “entry into various professional bodies”.
On March 28, 2014, the date of Camair Co’s third anniversary since its opening, the Managing Director of the company lamented the company’s “treasury situation” which has accumulated debts totalling 14 billion FCfa as well as “the small size of the fleet” – three planes for domestic and international flights. “These two aspects need support from the sole shareholder which is the State of Cameroon,” stated Frédéric Mbotto Edimo.