Camair-Co (Cameroon Airlines Corporation) has reported a net loss of $42 million in the first nine months since its launch. The loss was attributed to stiff competition according to Coastweek.
The new flag carrier was established in 2006 following the collapse and bankruptcy of the countryâs first national carrier Cameroon Airlines (CAMAIR).
The first route was from Douala to Paris (CDG) and domestically from Douala to Yaounde.
Read the full report from the Coastweek: CLICK HERE
Copyright Photo: Malcolm Nason.