Air Burkina
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{{cautionbox Airline
|airline=Air Burkina
|logo - Air Burkina logo.png
| fleet_size=5
| destinations=9
| IATA=2J
| ICAO=VBW
| callsign=BURKINA
| company_slogan = Le sentiment d'une bonne compagnie
(The feeling of a good company)
| frequent_flyer = Celestars
| founded=1967
| alliance =
| headquarters=Ouagadougou, Burkina Faso
| key_people=
| hubs=Ouagadougou Airport
| website= Script error: No such module "URL".
Air Burkina S. A. (corporation) | SA is the flag carrier|national airline of Burkina Faso, operating scheduled services from its main base at Ouagadougou Airport.[1] to one domestic destination, Bobo-Dioulasso, as well as regional services to Togo, Benin, Mali, Niger, Côte d'Ivoire, Senegal and Ghana. From 2001 to 2017, the airline was majority owned by an Aga Khan Fund for Economic Development|AKFED/IPS consortium, but is now back in government ownership, with reports that a new investor is being sought.[2][3]
Contents
History
The airline was established on 17 March 1967 under the name Air Volta. It was originally part owned by the Burkinabé government, part by Air France and part privately held. It purchased its first aircraft, an Embraer EMB 110 Bandeirante|Embraer EMB-110 Bandeirante, in 1978 and added a second, a Fokker F28, in 1983.[4] Over the years, the airline has had serious debt problems, reaching a deficit of one billion CFA francs in 1992 (approx. Euro|€]]1,500,000). In part to address its debt problem, the Burkina Faso government privatised Air Burkina on 21 February 2001, transferring 56% of the shares to the Aga Khan Fund for Economic Development|AKFED/Industrial Promotion Services|IPS consortium, part of the Aga Khan Development Network.[1] At that time, the government retained 14% of shares.[4] In 2001, following Air Burkina's privatisation and the liquidation of Air Afrique, the airline's debt had largely been alleviated and it was predicting an annual revenue of around 3.5 billion CFA francs (more than Euro|€]]5,000,000).[4][5] The company saw a general strike in 2002, when workers demanded a 25% wage increase. In the resulting conflict, the director-general of Air Burkina was forced to resign. Script error: No such module "Unsubst". In August 2022 press reports said that the majority shareholder, AKFED & IPS, will be called in for talks by the Government after its most recent Council of Ministers meeting resolved to discuss the airline's financial state. According to the Burkinabé Ministry of Infrastructure & Transport, a report presented to government claimed the Burkinabé national carrier "faces a difficult financial and economic situation." [6] In May 2017 it was announced that the government had taken over the management of Air Burkina, following the signing of a contract of management cessation with AKFED, with the sale of shares to be made at a symbolic franc.[2] There were also reports that a new investor was being sought.[3]
Corporate affairs
The airline is currently (May 2022) owned by the Government of Burkina Faso.[2] From 2001 to 2017, the company has been majority owned by an Aga Khan Fund for Economic Development|AKFED/IPS consortium and was therefore a member of the Celestair alliance of African airlines.[7]
Business trends
Financial and other business figures for Air Burkina are not fully available, as the company was privately owned until 2017. In the absence of the accounts, some information has been made available, usually in the press, as shown below:
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFA bn) | 25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Profits (CFA m) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of employees | 262 | 254 | 230 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of passengers (000s) | 160 | 17 | 129 | 107.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Passenger load factor (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of aircraft (at year end) | 5 | 3 | 3 | 2 | 2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes/sources | [8] | [9] | [10] | [11] | [12] | [13]
Head officeAir Burkina is headquartered in the Air Burkina Building (French language|French: Immeuble Air Burkina) in Avenue de la Nation, Ouagadougou.[14][15] DestinationsAir Burkina serves the following destinations (as of May 2022):[16]
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- ↑ 1.0 1.1 Flight International 27 March 2007
- ↑ 2.0 2.1 2.2 Lua error: Cannot create process: proc_open(/dev/null): Failed to open stream: Operation not permitted
- ↑ 3.0 3.1 Lua error: Cannot create process: proc_open(/dev/null): Failed to open stream: Operation not permitted
- ↑ 4.0 4.1 4.2 Lua error: Cannot create process: proc_open(/dev/null): Failed to open stream: Operation not permitted
- ↑ Template:Cite report 2003African Economic Outlook: Burkina Faso
- ↑ Template:Cite web Ouagadougou mulls Air Burkina's future with AKFED
- ↑ Lua error: Cannot create process: proc_open(/dev/null): Failed to open stream: Operation not permitted
- ↑ Template:Cite web Notre historique (Our History)
- ↑ Template:Cite web Profile of Air Burkina
- ↑ Template:Cite webAir Burkina profile at AFRAA /component/k2/item/50-air-burkina-sa
- ↑ Template:Cite newsAnnual Report 2014
- ↑ Template:Cite report 28 August 2022AFRAA Annual Report 2015 ?view=download&alias=644-afraa-annual-report-2015&category slug=annual-reports-1&option=com docman&Itemid=160
- ↑ Lua error: Cannot create process: proc_open(/dev/null): Failed to open stream: Operation not permitted
- ↑ "[https://archive.org/*/https://www.air-burkina.com/pages/en/contattaci/contattaci.aspx?language=en Contact-us." Air Burkina. Retrieved on 19 October 2009.
- ↑ "[https://air-burkina.com:8080/airburkina/contactez-nous.jsp Contactez-nous[dead link]." Air Burkina. Retrieved on 8 December 2011. "Agence Centrale Ouagadougou 29, Av. de la Nation Immeuble Air Burkina 01 BP 1459 Ouagadougou 01"
- ↑ Template:Cite web Air Burkina English » Our network
- ↑ Template:Cite web Profile on Air Burkina
- ↑ Template:Cite web Air Burkina English » Our fleet
- ↑ Template:Cite web Air Burkina on course to add first E170 shortly
- ↑ Template:Cite web Air Burkina adds maiden E175 shortly
- ↑ Template:Cite web Air Burkina adds maiden E175 shortly