Ministers to discuss Air Afrique crisis next week

Dakar- Senegal (PANA) -- Finance and transport ministers from countries which own Air Afrique are to meet in Abidjan on 5 and 6 June to discuss measures of salvaging the ailing multinational airline.
The forthcoming meeting was announced in Dakar Tuesday by the Ivorian transport minister, Appia Kabran after he had delivered a message from President Laurent Gbagbo to the Senegalese leader, Abdoulaye Wade.
Kabran, who chairs the company's Council of Ministers, said that the council had received instructions from "our presidents to ensure that the difficulties that have been confronting this airline for so long are solved.
" The Ivorian minister said that member states had adopted the consultation approach to end these problems.
With regard to the 5 billion F CFA (1 USD = 700 F CFA) loan Air Afrique obtained from the West African Economic and Monetary Union (UEMOA), Kabran said this was just a "drop in the ocean.
" "The real solutions lie elsewhere and we are actively looking for them," the minister said, adding that realistic solutions are required to put the air company back on track.
"This airline is undergoing difficulties and there are people, notably our Heads of State, who have decided to do everything within their powers to save it.
I think this is good news," he stated.
Several unsuccessful adjustment plans have been tried to salvage the multinational airline, whose debt is estimated at about 200 billion F CFA.

30 may 2001 14:46:00

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