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Friday, August 24, 2012

► GHANA: More woes for CTK CiTylinK as it loses its leased Fokker 100 over unpaid bills.

Citylink Ghana In a sign that times are getting even tougher for Ghanaian domestic carrier CTK CiTylinK Airlines (CTQ), it has emerged that its Fokker 100 (MSN: 11407 | 9A-BTD), wet leased only recently in May of this year, has been returned to its owner, Croatia's Trade Air, as a result of the airline's inability to pay its leasing fees.

The airline suspended operations nearly 2 weeks ago.

CTK Citylink Airlines Fokker 100 in happier times.
CTK's now ex-Fokker 100 in happier times.
Switzerland's CH-Aviation reports that the aircraft has already been ferried from Accra to Europe where it is currently operating a short term ACMI contract on behalf of a Slovak client.

As competition on Ghana's domestic and regional routes heats up,  and with fares being slashed to as low as GH₵50 (USD25) for a one way flight from Accra to Kumasi - a flight that usually costs GH₵100 (USD50) - it seems increasingly likely that CTK CiTylinK will be the first casualty in the price war.

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