Camair-Co
The Cameroon Airlines Corporation, trading as Camair-Co, is an airline from Cameroon, serving as flag carrier of the country, a role which was previously filled by the now-defunct Cameroon Airlines.[1] Camair-Co has its headquarters in the Immeuble La Rotonde in Douala,[2] and operates out of Douala International Airport.[3] The airline has never made a profit, and is struggling under the weight of its debts; most of its aircraft are currently grounded.[4][5] The company slogan is French: L’étoile du Cameroun, The Star of Cameroon.
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Founded | 11 September 2006 | ||||||
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Commenced operations | 28 March 2011 | ||||||
Hubs | Douala International Airport | ||||||
Frequent-flyer program | Star Awards | ||||||
Fleet size | 07 | ||||||
Destinations | 11 | ||||||
Parent company | Government of Cameroon | ||||||
Headquarters | Douala, Cameroon | ||||||
Key people | Ernest Dikoum (General Director) | ||||||
Website | Camair |
History
Camair-co was created on 11 September 2006 by decree of Paul Biya, the President of Cameroon, as a company aimed at replacing Cameroon Airlines, the country's national airline at that time. The IATA code QC previously belonged to Air Corridor, which has since ceased operations. Cameroon Airlines was shut down in June 2008,[6] but it took until 2011 for Camair-Co to launch flight services. The inaugural flight from Douala to Paris via Yaoundé took place on 28 March.[7] On 30 September 2016 the airline ceased services to Paris as part of a network restructuring exercise.[8]
Lossmaking since its launch in 2011, the Camair-Co reportedly had debts about 35 billion Central African CFA franc, and the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA) had ordered the company to pay its arrears of royalties amounting to 100,390 million FCFA, under suspension of air navigation services.[4]
Camai-Co was the subject of a recovery plan proposed by the US firm Boeing Consulting in 2016, which included settlement of the outstanding debt, the injection of FCFA 60 billion, resizing of the network and the modernisation of the fleet, but the plan has not been implemented.[4]
Corporate affairs
Ownership
Camair-Co, with a capital of 100 million CFA francs, was created by Presidential Decree No. 2006/293 of 11 September 2006 with the State of Cameroon as the sole shareholder.[9]
Business trends
Camair-Co has been loss-making since its creation. Financial and other trends for Camair-Co (for years ending 31 December) are:
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|---|---|---|
Turnover (XAFbn) | 15 | 28.8 | ||||||
Turnover (US$m) | 32.2 | |||||||
Net profit (XAFbn) | −9.0 | loss | loss | −17.3 | −10.1 | loss | loss | loss |
Net profit (US$m) | −18.1 | loss | loss | loss | loss | loss | loss | loss |
Number of employees (at year end) | <400 | 520 | ||||||
Number of passengers (m) | 0.11 | 0.12 | 0.24 | |||||
Passenger load factor (%) | 45 | |||||||
Number of aircraft (at year end) | 3 | 3 | 3 | 5 | 5 | |||
Notes/sources | [10] | [11] | [12] | [12] | [13] | [13] | [5] |
Destinations
As of March 2018, Camair-Co offers scheduled flights to the following destinations:[14]
Country | City | ICAO | IATA | Airport |
Cameroon | Bafoussam | FKKU | BFX | Bafoussam Airport |
Cameroon | Bamenda | FKKV | BPC | Bamenda Airport |
Cameroon | Douala | FKKD | DLA | Douala International Airport |
Cameroon | Garoua | FKKR | GOU | Garoua International Airport |
Cameroon | Maroua | FKKL | MVR | Salak Airport |
Cameroon | Ngaoundéré | FKKN | NGE | Ngaoundéré Airport |
Cameroon | Yaoundé | FKYS | NSI | Yaoundé Nsimalen International Airport |
Chad | N'Djamena | FTTJ | NDJ | N'Djamena International Airport |
Gabon | Libreville | FOOL | LBV | Libreville International Airport |
Benin | Cotonou | DBBB | COO | Cadjehoun Airport |
Ivory Coast | Abidjan | DIAP | ABJ | Port Bouet Airport |
Fleet
The Camair-Co fleet consists of the following aircraft (as of August 2019):[15]
Aircraft | In service | Orders | Passengers | Notes/sources | ||
---|---|---|---|---|---|---|
C | Y | Total | ||||
Boeing 737-700 | 2 | - | 12 | 116 | 128 | |
Boeing 767-300ER | 1 | - | 30 | 181 | 211 | [16] |
Bombardier Dash 8-Q400 | 2 | 70 | [17] | |||
Xian MA60-600 | 2 | - | - | 50 | 50 | |
Total | 7 | 0 |
See also
References
- "Cameroon's aviation market experiences strong growth driven by Camair-Co and regional competitors". Centre for Aviation. 23 September 2013.
- "Contacts." Camair-Co. Retrieved on May 12, 2016. "Immeuble La Rotonde- Boulevard de la liberté BP 4852 Douala-Cameroun "
- Tumanjong, Emmanuel (28 March 2011). "New Cameroon State Aviation Corp. Targets Chinese Skies". Nasdaq. Retrieved 28 March 2011.
- "Camair-Co threatened with a halt to its activities (in French)". Camair.be. Retrieved 18 October 2019.
- "No more takeoff for Camair Co, all aircrafts [sic] out of order". Business in Cameroon. Retrieved 18 October 2019.
- "Atterissage définitif de la Camair". Les Afriques. 5 June 2008. Archived from the original on 22 July 2011. Retrieved 28 March 2011.
- "Camair.co: Le Cameroun reprend les airs". CamerPress: Agence camerounaise d'information. 28 March 2011. Archived from the original on 11 September 2011. Retrieved 28 March 2011.
- "Camair-Co". Airliner World (December 2016): 15.
- "History of the company (in French)". Camair-Co. Retrieved 18 October 2019.
- "New Cameroon national carrier Camair-Co fails to reach first year targets, but continues to grow". CAPA Centre for Aviation. Retrieved 21 May 2014.
- "Camair-Co to embark on restructuring program". ch-aviation. Retrieved 22 May 2014.
- "Cameroon: 18 State-owned enterprises financially at risk, IMF says". Business in Cameroon. Retrieved 22 March 2018.
- "Cameroon: Camair-Co transported 235,686 passengers in 2017". Business in Cameroon. Retrieved 22 March 2018.
- CAMTEL. "Cameroon Airlines Corporation: Programme des vols". www.camair-co.cm (in French). Archived from the original on 25 May 2011. Retrieved 16 August 2017.
- "Global Airline Guide 2019 (Part One)". Airliner World (October 2019): 8.
- "Archived copy". Archived from the original on 14 July 2014. Retrieved 8 July 2014.CS1 maint: archived copy as title (link)
- "Camair-Co leases a bombardier Dash8-Q400". Business in Cameroon. Retrieved 22 March 2018.
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