Business News Wed, 26 Apr 2017

10 investors move to set up domestic airlines - Minister reveals

Aviation Minister, Cecilia Abena Dapaah, has disclosed that ten local and foreign investors have expressed interests in setting up domestic airlines.

The minister, Madam Cecilia Abena Dapaah, disclosed this at the celebration International Air Transport Association (IATA) Day in Ghana.

However Hon. Cecilia Dapaah stopped short of giving further details of the 10 proposals and said her outfit will consider the proposals and a decision would be reached soon.

In March, the Minister of Finance, Ken Ofori-Atta announced the scraping of a 17.5 percent tax imposed on domestic airline tickets during the 2017 budget reading in Parliament.


The abolishment of the tax was seen as an incentive to increase passenger numbers with the local aviation industry.

As part of the 2017 IATA Day celebrations in Ghana, a conference was held at the Kempinski Hotel in Accra.

The theme of the conference was ÔÇťAviation, Catalyst for socio-economic development in Ghana."

Source: Myjoyonline.com