Senegal Air orders two ATR aircraft in 50 mln euro deal -ministry

PUBLISHED: Fri, 23 Jun 2017 09:07:18 GMT

Senegal Air SA has ordered two ATR 72-600 aircraft in a 50 million euro ($56 million) deal as the new flagship carrier seeks to build up a fleet ahead of its launch later this year, the ministry of tourism and air transportation said on Thursday.

Toulouse, France-based ATR, a partnership between Airbus and Italy’s Leonardo, will deliver the two turboprop planes in November, the ministry said.

Senegal Air was formed in April 2016 with 40 billion CFA francs ($68 million) in state capital to replace the now defunct, heavily indebted carrier Senegal Airlines.

Senegal is aiming to become a regional air transportation hub with the scheduled December opening of the new Blaise Diagne International Airport located outside the capital Dakar.

Senegal Air will initially fly to Senegalese and West African regional destinations before opening a Paris-Dakar route during the course of 2018.

Airlines have long been a fraught business in West Africa though there have been some success stories, including Ivory Coast’s Air Cote d’Ivoire.

Senegal revoked the air operator’s certificate of Senegal Airlines after it ran up debts of more than 100 billion CFA francs in less than five years of operation.

($1 = 0.8968 euros)

($1 = 587.6800 CFA francs)

(Reporting by Diadie Ba; Editing by Joe Bavier and David Evans)

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.