The 1990s Air Afrique

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an air afrique airbus a310-300 @ charles de gaulle airport in 1991. year carrier received first aircraft of type.


at march 1990 (1990-03) fleet consisted of 3 airbus a300b4, 1 mcdonnell douglas dc-8-63f , 3 dc-10-30. in mid-1990, order placed airbus 4 airbus a310-300s plus 4 more options, deliveries starting in mid-1992. in 1990 air france became uta s controlling shareholder. resulted in uta s stake in air afrique passing air france s hands.


the first airbus a310-304 entered fleet in 1991. in 1994 fleet comprised 12 aircraft , carrier had more 4,200 employees. cash position dramatically worsened year after 50% devaluation of cfa franc, situation led seizure of 1 fourth of fleet, due debt defaults, in forthcoming years. subsequently, indebted company had lease in order revert lack of aircraft. nevertheless suspended, or reduced frequency on routes, , codeshared others. during 1995, airline transported 761,000 passengers, losing us$19,000,000 (equivalent $29,863,071 in 2016). in 1995, dhl started participating airline. 1 dc-10-30 sold aom french airlines in february 1996.


billecart left air afrique in 1997 , succeeded sir harry tirvangadum, mauritian national, director general. billecart s management plagued of accusations. claimed failed restructure company due excessive interference governments owned it, whereas employees accused him of worsening air afrique s financial position acquiring 4 airbus a310-300s. tirvangadum reduced debts 31 billion cfa francs. member states, côte d ivoire, mali , senegal provided quota total of 20 billion cfa francs necessary alleviate financial difficulties of carrier @ time. during tirvangandum s mandate, air afrique entered partnership world bank, aimed operations restricted africa. in july 1998 (1998-07), carrier reduced fleet 15 11 when 4 airbus a310-300s returned creditors. late year, debts rose us$300,000,000 (equivalent $440,812,577 in 2016). time, eleven countries on cfa zone major shareholders of airline (70.4%), african , french investors had participation of 13.7%, air france had 12.2% stake, , dhl owned 3.2%.








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