Afrijet becomes national airline of Gabon

The government of the Gabonese Republic has acquired a 56% majority shareholding in the private airline Afrijet - via its new holding company Fly Air Gabon – so it becomes. in effect, the Central African country’s national airline.

ATR Afrijet

IMAGE: ATR - Pierre Barthe

Afrijet has been profitable since its creation, in 2004, by a group of Gabonese investors and the company has developed a successful hybrid business and commercial aviation model.

Since 2016 Afrijet has built a solid regional air transport network and for the past five years it has been the leading airline in the Central African Economic and Monetary Community (CEMAC).

The company is taking a new step with the decision of the Gabonese authorities to pool the country's know-how and skills to build a new national company, Fly Air Gabon, relying on Afrijet’s existing expertise, network and infrastructure.

“Welcoming state ownership - and becoming its standard bearer -involves aligning the development strategies of the country and the company. We intend to reduce costs and thereby prices, without losing the DNA of private management,” explains Marc Gaffajoli, general administrator of Afrijet for around ten years.

Fly Gabon plans to acquire new medium-haul aircraft while Afrijet will consolidate its fleet to serve domestic and regional routes.

Anuradha Deenapanray

Anuradha Deenapanray

Anuradha is a francophone editor for African and Arabian Aerospace magazines.