No Result
View All Result
Friday, May 1, 2026
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

The first Libyan Bosnian Business Forum held in Misrata deemed an economic turning point between the two countries

Libyan – Bosnian Business Forum – to be held from 29 to 30 March in Misrata

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

REAoL makes 500 MW Ghadames solar project site inspection
Business

Chinese delegation meets Renewable Energy Authority of Libya to strengthen cooperation in the sector

May 1, 2026
Libyan Industrial Union organizing conference on Libyan economy – invites participation
Business

Malaysian Chamber of Commerce discusses with Libyan Industry Union cooperation in industry, training, and skills development

May 1, 2026
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Economy Ministry hails market correction in meat, fish, vegetable & grain prices – resulting from policy adjustments and supply chain regulation

May 1, 2026
Algeria exports electric vehicle charging stations to Libya
Business

Air Algérie inspects Tripoli’s Mitiga airport in preparation for resumption of flights

April 30, 2026
Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Business

Italy’s Ingegneria Informatica and Libya’s Customs Authority to activate Automated Inspection Software System

April 30, 2026
Danish Chamber of Industry signs MoU with Libya’s General Union of Chambers of Commerce
Business

Danish Chamber of Industry signs MoU with Libya’s General Union of Chambers of Commerce

April 29, 2026
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

Top Stories

  • Tunis Air to resume flights to Libya ‘‘in coming weeks’’ – new sea lines to be launched soon linking Italy, Tunisia and Libya

    New shipping line between Italy-Tunisia-Tripoli launched today

    0 shares
    Share 0 Tweet 0
  • Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

    0 shares
    Share 0 Tweet 0
  • CBL increases foreign currency cash limit permitted to enter Libya – up from US$ 10,000 to US$ 30,000

    0 shares
    Share 0 Tweet 0
  • US sells US$ 95 million worth of border security equipment to Tunisia – can a similar deal between the EU or the US be struck with Libya?

    0 shares
    Share 0 Tweet 0
  • Minister of Economy approves 12 foreign and joint venture companies – to support the investment climate

    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

Chinese delegation meets Renewable Energy Authority of Libya to strengthen cooperation in the sector

Malaysian Chamber of Commerce discusses with Libyan Industry Union cooperation in industry, training, and skills development

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.