Air Côte d'Ivoire


Air Côte d'Ivoire is the flag carrier of Ivory Coast, based in Abidjan. The company succeeded the country's former flag carrier Air Ivoire, which went bankrupt in 2011. It started operations on.

History

The airline was set up on, as a private-public entity, partially owned by Air France – which intended to make Port Bouet Airport a regional hub – and the Aga Khan Fund for Economic Development. Air Côte d'Ivoire had an initial capital of CFAF2.5 billion, majority-owned by the government of Ivory Coast, with the balance held by Air France Finance and Aérienne de Participation-Côte d'Ivoire, an airline holding company of AKFED. The Ivory Coast had had no national carriers since the collapse of Air Ivoire in.
The airline will have "technical, commercial and operational synergies" with Air Mali and Air Burkina, two other airlines associated with the AKFED.
, it was planned for the new company to have 13 flight captains, 12 first officers and 37 cabin crew. The company projects to have a passenger capacity of 330,000 per year. It carried 253,000 passengers during 2013.

Corporate affairs

Ownership

, the parent entities of the shareholders are:

Shareholder Interest
Government of Ivory Coast58%
Air France-KLM11%
Golden Road23%
Other investors8%
Total100%


The Aga Khan Fund for Economic Development was a 15% shareholder until 2013, when it was reported that it would withdraw from Air Côte d'Ivoire. The shareholding was acquired by Golden Road, a consortium of private Ivorian investors, with shareholdings changing following subsequent fundraising.

Business trends

Air Côte d'Ivoire does not appear to publish annual accounts, but some figures have been made available via press reports, interviews and other publications :

20122013201420152016
Turnover 26.9876.01
Net profit after tax
Number of employees 290612578
Number of passengers 0.250.400.600.72
Passenger load factor 65
Number of aircraft 246810
Notes/sources

Key people

, Air Côte d'Ivoire CEO or General Manager is René Decurey.

Destinations

, the airline had initial plans to operate scheduled services from its hub in Abidjan on a network covering nine international destinations in West and East Africa, although some of them would be flown by sister companies Air Burkina and Air Mali. Cities served with Air Côte d'Ivoire's own aircraft were expected to include Accra, Conakry, Cotonou and Dakar. Operations commenced on, with the carrier's maiden flight linking Abidjan with Dakar.
, Air Côte d'Ivoire serves the following destinations:
CountryCityAirportNotesRefs
BeninCotonouCadjehoun Airport
Burkina FasoOuagadougouOuagadougou Airport
CameroonDoualaDouala International Airport
CameroonYaoundéYaoundé Nsimalen International Airport
Central African RepublicBanguiBangui M'Poko International Airport
ChadN'DjamenaN'Djamena International Airport
Democratic Republic of the CongoKinshasaN'djili Airport
GabonLibrevilleLibreville International Airport
GhanaAccraKotoka International Airport
GuineaConakryConakry International Airport
Ivory CoastAbidjanFélix-Houphouët-Boigny International Airport
Ivory CoastBouakéBouaké Airport
Ivory CoastKorhogoKorhogo Airport
Ivory CoastManMan Airport
Ivory CoastOdiennéOdienné Airport
Ivory CoastSan PédroSan Pédro Airport
LiberiaMonroviaRoberts International Airport
MaliBamakoBamako–Sénou International Airport
NigerNiameyDiori Hamani International Airport
NigeriaAbujaNnamdi Azikiwe International Airport
NigeriaLagosMurtala Muhammed International Airport
Republic of the CongoBrazzavilleMaya-Maya Airport
Republic of the CongoPointe-NoirePointe Noire Airport
SenegalDakarLéopold Sédar Senghor International Airport
Sierra LeoneFreetownLungi International AirportSuspended
TogoLoméLomé–Tokoin Airport

Fleet

Current fleet

, Air Côte d'Ivoire operated the following aircraft:

Fleet strategy

The carrier took delivery of its first aircraft, an ex-Air France Airbus A319 manufactured in 2004, in on lease from Macquarie AirFinance. During the 2013 Dubai Air Show, it was announced the carrier placed a conditional order for up to four Bombardier Q400s. Worth million, a firm order was announced in. African Export-Import Bank will finance 95% of the acquisition. The carrier plans to use one of these aircraft to replace the E-170 on regional services. The first Dash 8-Q400 was delivered in late 2014. An additional order for two more aircraft of the type was placed in.
An order comprising two Airbus A320neos and two Airbus A320ceos that was placed in was boosted in July the same year when an additional A320neo was ordered.

Historical fleet

The airline has operated the following aircraft:
  • Embraer 170