PROJECT OBJECTIVE
Acquisition of two (2) Boeing aircraft as partner and other strategic interest and the establishment of a reliable home-based national airline to provide regional, sub-regional and inter-continental air transport Service
DESCRIPTION
The project seeks to re-launch a flag carrier for Ghana with the private sector participation as part of plans to make Ghana an Aviation Hub within the West Africa Sub-Region and Beyond. Plans are far advanced to engage Ethiopian Airlines as strategic partners. Shareholding Structure: 10% Government Non-Contributory Shares; 41% Domestic shares & 49% Foreign shares.
Per the Terms of Reference, the Transaction Advisor is expected to:
- Undertake a market assessment of regional and international routes
- Undertake (technical, legal, financial, economic and environmental) due diligence to identify various options and shareholding structures
- Undertake pre-feasibility and feasibility studies
- Market the project to potential investors
- Develop a management and procurement plan
ESTIMATED COST AND REVENUE
- US$200million (Excluding aircraft acquisition)
Contact
The Ministry of Aviation
P.O. Box KA 9180
3rd Floor, NCA Tower, Airport City, Accra.
Tel: +233 302 774 995