Infos Business of Saturday, 23 April 2016

Source: kmersaga.com

Camair-Co boss reassures company will be fine

Jean Paul Nana Sandjo the Director General (DG) of the Camair-Co Jean Paul Nana Sandjo the Director General (DG) of the Camair-Co

The company has an accumulated debt since 2011 of up to 34 billion CFA Francs. “According to a certain opinion, the National Airline company (CAMAIR-CO) is on the verge of bankruptcy because of the suspension of its accounts in France, with workforce problems, the extended time for the troubleshooting of the Dja (Boeing 767) or difficulties of the company to pay employees’ wages on time, “wrote the Daily newspaper l’Economie edition of April 21, 2016.

According to Jean Paul Nana Sandjo the Director General (DG) of the Camair-Co, despite all the mentioned issues, the airline company is not ready to sink. “It’s a shame that when positive things happen in the business, some are in peddling bad news. An act which, obviously, is to tarnish the company’s image, “he said.

The DG also reacts about Camair-Co’s accounts recently seized in France by a supplier. He acknowledges that it is true. However, clarification needs to be made. “The seizure of our accounts is not new to us. We live it every day, because of the debt that we have accumulated since the launch of the company in 2011. This debt is now 34 billion FCFA. As for the supplier who recently seize our accounts in Paris, we owe him money (600,000 euros) for their services. After the return of the Dja, we will invite them to the discussion on table, “he explains.

About the company’s workforce the DG reiterated that there is no problem. “When we have these aircraft, the number will reach 1,400 employees. But we won’t wait to have these aircraft to start recruiting. It’s now we need to strengthen the team, “said Jean Paul Nana Sandjo.

Concerning the unpaid wages, the DG said “the delay currently observed is only for wages in March. Furthermore, no reduction in salary is envisaged. “