Antrak Air (Accra) CEO, Alhaji Asuma Banda, says he is seriously considering pulling out of Ghana as the presence of too many carriers on the Ghanaian domestic scene has rendered it almost impossible to operate an airline profitably. Speaking to Ghana's B&FT news service, Mr Banda said the scene was also affected by the high cost of aviation fuel which, coupled with high MRO costs, poor infrastructure and the cost of doing business, had taken their toll on the industry. In a discourse issued earlier this week entitled "Growth In The Domestic Aviation Industry: Is It Sustainable?" Antrak's Chief Commercial Officer, Mr Kwaku Antwi-Boasiako, expanded on Mr Banda's claims noting that while the domestic aviation industry in Ghana has seen tremendous growth over the last 2 years, not just in terms of the number of active airlines operating in the country but more importantly, in terms of passenger uplift, the growth has come at a price. With only two operators prior to 2011, namely Antrak and the now defunct CiTylinK (Accra), the entry of Starbow Airlines (Accra) and Fly540 Ghana (Accra) in 2011 and Africa World Airlines (AW, Accra) last year has triggered an intense price war that has resulted in the airlines offering uneconomical fares at the expense of the their financial well-being. Echoing the same concerns, Starbow has also threatened to move its business out of Ghana if Government does not address these issues. Speaking to Ghana's JOY FM, the airline's new CEO, Mr James Eric Antwi, said Starbow could relocate its business to other countries "such as the Ivory Coast" if matters were not resolved.
Antrak Air, Starbow threaten to quit Ghana citing market overcrowding
Fleet of Antrak Air,
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