Business News of Tuesday, 27 July 2021Source: www.ghanaweb.comA retired pilot and aviation expert has described government’s decision to engage Egypt Air as a strategic partner for the establishment a national carrier as a ‘bad move’. According to Micheal Yao Foli, the northern Africa airline is not liquid enough to make the venture a viable one. This comes after Ghana’s Aviation Ministry and Egypt Air in October 2020 signed a Memorandum of Understanding (MoU) and subsequently reached an agreement for the establishment of a new national carrier. The choice of Cairo-based EgyptAir as the preferred strategic partner follows series of engagement with senior management team of the airline and the committee of aviation experts constituted by Ghana’s former Aviation Ministry. Meanwhile, Egypt Air is expected to commence operations of a new national airline for Ghana called; “Air Ghana,” news portal Bloomberg earlier announced in March this year.

Source: GhanaWeb July 27, 2021 08:37 UTC