in Business & Finance

Ghana to review 5th Freedom traffic right allocations

Posted 20 March 2017 · Add Comment

The Ghanaian government has plans to review the allocation of the 5th Freedom traffic rights granted to foreign carriers, reports ch-aviation.

Minister of Aviation Cecilia Dapaah said: “The Fifth Freedom Traffic Rights are for a specified period. We will renegotiate and get the best for Ghana.

Following the demise of Ghana Airways in 2004 and its successor Ghana International Airlines in 2010, the Ghanaian government began allocating the traffic rights to interested carriers in a bid to increase competition on regional routes while driving down prices.

President Nana Akufo-Addo's government is pushing ahead with plans to establish a new national carrier by 2019. She was recently quoted as saying foreign investors had started to submit proposals for the carrier which will take the form of a Public-Private Partnership.

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