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Camair-Co

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Camair-Co
IATA ICAO Call sign
QC CRC CAMAIRCO
Founded11 September 2006 (2006-09-11)
Commenced operations28 March 2011 (2011-03-28)
HubsDouala International Airport
Frequent-flyer programStar Awards
Fleet size07
Destinations11
Parent companyGovernment of Cameroon
HeadquartersDouala, Cameroon
Key peopleErnest Dikoum (General Director)
Websitewww.camair-co.cm

The Cameroon Airlines Corporation, trading as Camair-Co, is an airline from Cameroon, serving as flag carrier of the country, a role which was previously filled by the now-defunct Cameroon Airlines.[1] Camair-Co has its headquarters in the Immeuble La Rotonde in Douala,[2] and operates out of Douala International Airport.[3] The airline has never made a profit, and is struggling under the weight of its debts; most of its aircraft are currently grounded.[4][5]

History

Inaugural flight on 28 March 2011.

Camair-co was created on 11 September 2006 by decree of Paul Biya, the President of Cameroon, as a company aimed at replacing Cameroon Airlines, the country's national airline at that time. The IATA code QC previously belonged to Air Corridor, which has since ceased operations. Cameroon Airlines was shut down in June 2008,[6] but it took until 2011 for Camair-Co to launch flight services. The inaugural flight from Douala to Paris via Yaoundé took place on 28 March.[7] On 30 September 2016 the airline ceased services to Paris as part of a network restructuring exercise.[8]

Lossmaking since its launch in 2011, the Camair-Co reportedly had debts about 35 billion Central African CFA franc, and the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA) had ordered the company to pay its arrears of royalties amounting to 100,390 million FCFA, under suspension of air navigation services.[4]

Camai-Co was the subject of a recovery plan proposed by the US firm Boeing Consulting in 2016, which included settlement of the outstanding debt, the injection of FCFA 60 billion, resizing of the network and the modernisation of the fleet, but the plan has not been implemented.[4]

Corporate affairs

Ownership

Camair-Co, with a capital of 100 million CFA francs, was created by Presidential Decree No. 2006/293 of 11 September 2006 with the State of Cameroon as the sole shareholder.[9]

Camair-Co has been loss-making since its creation. Financial and other trends for Camair-Co (for years ending 31 December) are:

2011 2012 2013 2014 2015 2016 2017 2018
Turnover (XAFbn) 15 28.8
Turnover (US$m) 32.2
Net profit (XAFbn) −9.0 loss loss −17.3 −10.1 loss loss loss
Net profit (US$m) −18.1 loss loss loss loss loss loss loss
Number of employees (at year end) <400 520
Number of passengers (m) 0.11 0.12 0.24
Passenger load factor (%) 45
Number of aircraft (at year end) 3 3 3 5 5
Notes/sources [10] [11] [12] [12] [13] [13] [5]

Destinations

The Camair Boeing 767 at Charles de Gaulle Airport, Paris, in 2012

As of March 2018, Camair-Co offers scheduled flights to the following destinations:[14]

Country City ICAO IATA Airport
Cameroon Bafoussam FKKU BFX Bafoussam Airport
Cameroon Bamenda FKKV BPC Bamenda Airport
Cameroon Douala FKKD DLA Douala International Airport
Cameroon Garoua FKKR GOU Garoua International Airport
Cameroon Maroua FKKL MVR Salak Airport
Cameroon Ngaoundéré FKKN NGE Ngaoundéré Airport
Cameroon Yaoundé FKYS NSI Yaoundé Nsimalen International Airport
Chad N'Djamena FTTJ NDJ N'Djamena International Airport
Gabon Libreville FOOL LBV Libreville International Airport
Benin Cotonou DBBB COO Cadjehoun Airport
Ivory Coast Abidjan DIAP ABJ Port Bouet Airport

Fleet

A Camair-Co Boeing 737-700 at Paris-Charles de Gaulle Airport in 2014.

The Camair-Co fleet consists of the following aircraft (as of August 2019):[15]

Camair-Co fleet
Aircraft In service Orders Passengers Notes/sources
C Y Total
Boeing 737-700 2 - 12 116 128
Boeing 767-300ER 1 - 30 181 211 [16]
Bombardier Dash 8-Q400 2 70 [17]
Xian MA60-600 2 - - 50 50
Total 7 0

See also

References

  1. ^ "Cameroon's aviation market experiences strong growth driven by Camair-Co and regional competitors". Centre for Aviation. 23 September 2013.
  2. ^ "Contacts." Camair-Co. Retrieved on May 12, 2016. "Immeuble La Rotonde- Boulevard de la liberté BP 4852 Douala-Cameroun "
  3. ^ Tumanjong, Emmanuel (28 March 2011). "New Cameroon State Aviation Corp. Targets Chinese Skies". Nasdaq. Retrieved 28 March 2011.
  4. ^ a b c "Camair-Co threatened with a halt to its activities (in French)". Camair.be. Retrieved 18 October 2019.
  5. ^ a b "No more takeoff for Camair Co, all aircrafts [sic] out of order". Business in Cameroon. Retrieved 18 October 2019.
  6. ^ "Atterissage définitif de la Camair". Les Afriques. 5 June 2008. Archived from the original on 22 July 2011. Retrieved 28 March 2011.
  7. ^ "Camair.co: Le Cameroun reprend les airs". CamerPress: Agence camerounaise d'information. 28 March 2011. Retrieved 28 March 2011.
  8. ^ "Camair-Co". Airliner World (December 2016): 15.
  9. ^ "History of the company (in French)". Camair-Co. Retrieved 18 October 2019.
  10. ^ "New Cameroon national carrier Camair-Co fails to reach first year targets, but continues to grow". CAPA Centre for Aviation. Retrieved 21 May 2014.
  11. ^ "Camair-Co to embark on restructuring program". ch-aviation. Retrieved 22 May 2014.
  12. ^ a b "Cameroon: 18 State-owned enterprises financially at risk, IMF says". Business in Cameroon. Retrieved 22 March 2018.
  13. ^ a b "Cameroon: Camair-Co transported 235,686 passengers in 2017". Business in Cameroon. Retrieved 22 March 2018.
  14. ^ CAMTEL. "Cameroon Airlines Corporation: Programme des vols". www.camair-co.cm (in French). Archived from the original on 25 May 2011. Retrieved 16 August 2017.
  15. ^ "Global Airline Guide 2019 (Part One)". Airliner World (October 2019): 8.
  16. ^ "Archived copy". Archived from the original on 14 July 2014. Retrieved 8 July 2014.{{cite web}}: CS1 maint: archived copy as title (link)
  17. ^ "Camair-Co leases a bombardier Dash8-Q400". Business in Cameroon. Retrieved 22 March 2018.
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