in Air Transport

Newly appointed Chairman and CEO of Tunisair revoked

Posted 22 February 2021 · Add Comment

Olfa Hamdi who was appointed Chairman and CEO of Tunisair early January has been revoked today.

She had  replaced Elyes Mnaki.  The new Minister of Transport and Logistics, Moez Chakchouk explained  this decision during a press conference. He said that Olfa Hamdi had made "numerous mistakes" and  was "unable to respect secrecy" entailing leakage of "internal documents". On Sunday, Olfa Hamdi had responded to attacks from the UGTT trade union on her Facebook account.

The foreclosure lift on accounts of companies of Tunisair Group was announced last Friday after a working session headed by  Moez Chakchouk.

Representatives of Tunisair, TAV Tunisie and the Office of Civil Aviation and Airports (OACA) had participated to these discussions. To be recalled that TAV Tunisie which operates Enfidha-Hammamet and Monastir Habib Bourguiba airports had proceeded to a seizure of the bank accounts of Tunisair to recover 8 million euros out of a total of 20 million euros, excluding late fee penalties dating back to 2015.

It was also decided that Tunisair Group and  TAV Tunisie will start negociations to determine the total amount of debt due and to reschedule repayments. Negotiations will also include payment of social contributions and the working conditions of OACA agents.

Agreements will be signed at the ministry of Transport in presence of parties concerned on Friday 26 February.

Tunisair has seen its passenger traffic and its turnover fall by approximately 70% during 2020. A restructuring plan had been announced by the Tunisian authorities last year, including a recapitalisation and layoffs.

In the meantine, there is growing uncerntainty and discontent within the national airline. Bold decisions are needed to get Tunisair out of this financial turmoil which was ongoing long before the outbeak of the Covid-19 pandemic.

Other Stories
Advertisement
Latest News

Airbus engineering pioneer Bernard Ziegler passes away

Airbus has announced the passing of Bernard Ziegler, at the age of 88. Ziegler, one of Airbus’ engineering pioneers, was instrumental in the introduction of the world’s first digital Fly-By-Wire (FBW) and side stick controls in a

Bombardier releases financial results Q1 of 2021

Bombardier has released its financial results for the first quarter of 2021 and affirmed its full year 2021 financial guidance and delivery expectations of 110-120 aircraft.

IATA welcomes G20 push to restart tourism

IATA has welcomed the agreement by the G20 Tourism Ministers to support the safe restoration of mobility by following the G20 Rome Guidelines for the Future of Tourism.

United Aviation Solutions and AFRAA launch initiative for African airlines

United Aviation Solutions (UTD) and the African Airlines Association (AFRAA) have launched the Brown Condor Initiative (BCI) aimed at providing a platform for AFRAA members with Maintenance Repair and Overhaul (MRO) facilities to

SITA's eWAS helps African airlines weather the storms

According to research by Cirium, weather phenomena such as heavy rains, thick fog and flooding are a significant cause of flight delays around the world and costs airlines billions of dollars annually. Adverse weather can also cause up

African airlines’ cargo demand in March increased 24.6%

The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. African airlines’

Aviation Africa 2021 SKOC
See us at
Aviation MENA 2022DAS21_BTWDS BT1202090322Aviation Africa 2021 BTOC