Monday, April 30, 2012

► CAMEROON: Camair-Co starts Douala - Kinshasa, Douala - Lagos; Misses 1st Year targets.

Camair-Co (QC), the "newly" founded (2006) flag carrier of Cameroon, has announced Douala - Kinshasa and Douala - Lagos with effect from 10th June 2012 and 12th June 2012, with 3x weekly frequencies, using their Boeing 737-700.

Douala – Kinshasa eff 10JUN12, 3 weekly service
QC341 DLA1710 – 1900FIH 73G 247
QC342 FIH1950 – 2135DLA 73G 247

Douala – Lagos eff 12JUN12, 3 weekly service
QC361 DLA0940 – 1105LOS 73G 246
QC362 LOS1135 – 1310DLA 73G 246
Read More Here [AirlineRoute]

However, despite also launching flights to Lyon, Ndjamena and Malabo, the airline has not fulfilled its own 1st year service expectations
"Camair’s initial objective was to handle 400,000 passengers during 2011 and expand its network to 13 destinations, an objective that fell short. Current destinations including its hub number 10 (Kinshasa and Lagos will bring the number to 12) while traffic was well below expectations. 
Although no full year data is available, the carrier flew 110,000 passengers over its first eight months of operations, with most traffic concentrated in the latter half as traffic accelerated following fleet expansion to three aircraft and increasing public confidence.
Passenger and cargo revenue in the first eight months was reportedly XOF15 billion (USD32.2 million). Losses in the first year of operations were approximately XOF9 billion (USD18.1 million), although losses had been anticipated for the first three to four years of operations."

Read More Here [CAPA Centre For Aviation]