No Result
View All Result
Thursday, December 25, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Libyan aviation sector warns US$ 250 million annual losses could lead to its demise

bySami Zaptia
March 5, 2015
Reading Time: 2 mins read
A A

By Libya Herald journalist.

Tunis, 5 March 2015:

The on-off restrictions on the Libyan aviation sector caused by the various political and security instability . . .[restrict]in the country since the 2011 revolution is leading to annual losses in the sector of over US$ 250 million, the pro House of Representatives LANA state agency reports.

The report says that five Libyan aviation companies (the Libyan-Afriqiyah Aviation Holding Company, Afriqiyah Airlines, Libyan Airlines and the Libyan Ground Services Company) said that the continuation of the restrictions on their operations, such as the EU ban on Libyan-registered aircraft from entering EU airspace and resultant longer routes taken to avoid EU airspace, could lead to them ceasing operations.

The companies also complained that they were receiving no support and that the lack of expansion and development at Mitga airport and the lack of maintenance of Tripoli International Airport, as well as other airports, has led to a poor level of service and delays in numerous flights.

RELATED POSTS

Parliament approves Libya’s LD 303 billion Treasury debts – Central Bank to settle the debts by deducting 3% of the Treasury’s total revenues

Third edition of Banking and Business Technology Forum kicked off in Misrata under patronage of Central Bank of Libya

It will be recalled that the EU had imposed an airspace ban on Libyan registered aircraft in November 2014 for safety reasons. This move prohibits Libyan registered aircraft from landing in EU airports and has forced Libyan aviation companies to incur additional costs by flying longer routes to Istanbul, for example, in order to avoid EU airspace over Cyprus and Greece.

Libyan registered and operated aircraft currently fly to Casablanca, Tunis, Alexandria, Amman Istanbul and Niamey. The Maltese registered Medavia company operates flights to and from Malta.

The EU airspace ban has also forced airliners such as Afriqiyah to wet lease planes from European companies in countries such as Georgia and to register their craft in Eire – all incurring additional costs.

It will be recalled that since the 2011 Libyan revolution the weakened state security apparatus has failed to impose security in Libya and its two main airports in the capital which have been under the control of various militias.

In July 2014 the pro GNC Misrata-led Libya Dawn militias attacked the pro House of Representatives Zintani-led militias in Tripoli and at Tripoli International Airport causing major damage to aircraft and the airport. The airport has been closed since and the smaller inferior Mitiga airport has been acting as Tripoli’s main airport since. [/restrict]

Tags: airlinersaviation sectorEU airspace banGNC Libya DawnHoR House of RepresentativesMisrataZintan

Related Posts

NESDB discusses food security and social protection with World Food Programme
Business

NESDB symposium aimed at mitigating the negative effects on Libyan state and society of the phenomenon of illegal migration and settlement

December 24, 2025
CBL receives results from meetings with international banks
Business

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

December 24, 2025
The much-delayed refurbishment of Tripoli’s historic Grand Hotel commenced by ODAC
Business

The much-delayed refurbishment of Tripoli’s historic Grand Hotel commenced by ODAC

December 24, 2025
Libyan Egyptian Joint Economic Chamber discusses organizing return of Egyptian workers to Libya
Business

‘‘Benghazi Real Estate Horizon 2025’’ exhibition held in Benghazi from December 20-22

December 24, 2025
CBL launches Certificates of Deposits worth LD 15 billion – from October to December 2025
Business

HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: Husni Bey

December 23, 2025
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce receives Turkish trade delegation from Bursa

December 23, 2025
Next Post

Jordan and Libya plan counter-terrorism cooperation

Political dialogue resumes in Morocco as government forces announce 3-day suspension of air strikes

Political dialogue resumes in Morocco as government forces announce 3-day suspension of air strikes

libyaherald-Ads

Top Stories

  • GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

    Western Libya’s Chief of General Staff of the Libyan Army and his accompanying delegation die in plane crash over Ankara

    0 shares
    Share 0 Tweet 0
  • CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system

    0 shares
    Share 0 Tweet 0
  • HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: Husni Bey

    0 shares
    Share 0 Tweet 0
  • High-level national workshop held to review Libya’s draft Renewable Energy Law

    0 shares
    Share 0 Tweet 0
  • Parliament approves Libya’s LD 303 billion Treasury debts – Central Bank to settle the debts by deducting 3% of the Treasury’s total revenues

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

NESDB symposium aimed at mitigating the negative effects on Libyan state and society of the phenomenon of illegal migration and settlement

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.