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General News of Thursday, 22 August 2002

Source: JoyFM

Ghanair Management Task Force Dissolved

The management Taskforce of Ghana Airways has been dissolved. It?s Chairman, Captain Kofi Kwakwa has been asked to go back to flight operations. No reasons were assigned for the Board?s decision to dissolve the management task force and it remains uncertain who will take over the management of the airline. JOY FM has learnt that the acting Board Chairman, William Panford Bray is likely to take over till a substantive Chief Executive is appointed.

The task force was asked to manage Ghana Airways late last year after the airline?s six-month stint with a local consultancy firm. Captain Kofi Kwakwa, the Chief Pilot who is due to return to the cockpit and his team attempted to salvage what was left of the national airline, but huge debts worsened the plight of the airline. This is the latest twist in a series of events challenging the ailing national carrier, burdened by $150 million debt.

Industry analysts have suggested to government to take concrete action to save the airline from total collapse.