Senegal Airlines (Dakar Yoff-Léopold Sédar Senghor International) could file for bankruptcy in the next few days should the Senegalese government not extend the struggling carrier a much needed financial lifeline. "If this company is not restructured as a matter of urgency, it risks being forced to suspend operations in the next 48 hours because it can no longer bear the financial burden. The airline could cease flying at any time if the State does not respond quickly," Badara Fall, the secretary general of the airline's trade union told the African Koaci website. To make matters worse, Senegalese news reports claim that President Macky Sall's latest cabinet meeting completely skirted the issue preferring instead to debate the ongoing modernization of the country's airports. Last week, the Senegalese Minister of Air Transport, Oumar Gueye reiterated that the airline was close to bankruptcy. Launched in 2009 to replace defunct predecessor, Air Sénégal International (Dakar Yoff-Léopold Sédar Senghor International), Senegal Airlines is owned by the Senegalese government (36%) and a consortium of local interests - Groupement National des Privés du Sénégal, Groupements de Prestataires Aéroportuaires and Fédération des Assureurs du Sénégal - with 64%.