FLASHBACK: The two business moguls with private jets in Ghana

Owning a private jet in Ghana is not only for convenience, but also a display of wealth and affluence, especially for the most wealthy and powerful individuals.

While Ghana's private jet ownership landscape could be considered relatively small, neighboring Nigeria boasts a much larger private jet market and ownership.

Billionaires like Aliko Dangote, Abdul Samad Rabiu, and others in Nigeria can proudly claim ownership of their own private jets.

However, GhanaWeb Business checks reveal that in Ghana, only two prominent individuals are known for owning private jets: Dr. Daniel McKorley, Executive Chairman of the McDan Group, and Ibrahim Mahama, CEO of Engineers & Planners.

Ibrahim Mahama owns a luxurious Bombardier 604 private jet customized with the name 'Dzata'. The jet's interior exudes elegance, with cream-colored seats providing ultimate comfort for passengers.

Daniel McKorley, on the other hand, owns a private jet for both private and commercial use, currently operating and managing the executive lounge for private jets at the Terminal 1 section of Kotoka International Airport.

With a continuous increase in global fuel prices, the cost of aviation fuel and maintenance for a single private jet could amount to hundreds of thousands of dollars.

According to flyalliance.com, the average maintenance cost of a private jet ranges from $500,000 to $1 million, in addition to parking fees, avionics upgrades, interior refurbishments, pilot fees, and other expenses.



MA

This story was first published by GhanaWeb on October 23, 2023

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