Air Burkina business plans presented to gov't

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Burkina Faso, Airbus discuss A220-300s for Air Burkina

Airbus and Burkina Faso have initiated talks for the acquisition of three A220-300s for state-carrier Air Burkina (2J, Ouagadougou) by July 2022, confirmed the West African country’s Ministry of Transport, Urban Mobility and Road Safety.

A high-level delegation from Airbus led by Commercial Vice President for Africa Hadi Akoum met with Transport Minister Vincent Dabilgou in Ouagadougou on January 21, 2021. “Exchanges included the acquisition of Airbus A220 aircraft,” according to a statement by the ministry posted on social media.

It said the plan to acquire Airbus aircraft for Air Burkina formed part of a business plan for the partial privatisation of Air Burkina resulting from the October 2020 partnership agreement between the government and US-European investment consortium American Global Development Group (AGD). In terms of this, AGD on January 1, 2021, acquired an 80% stake in the airline in exchange for an injection of XOF250 billion CFA francs (USD449.9 million) for the fleet renewal programme, while the government retains 20%.

“As part of the business plan (resulting) from the partnership with...

Burkina Faso to partially privatise Air Burkina