No Result
View All Result
Saturday, May 23, 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

Zueitina Oil Co. successfully tests new B1-106/4 well with production rate exceeding 3,000 bpd
Business

Zueitina Oil Company’s Low-Pressure Gas Compressor Project at Field 103A resumes

May 22, 2026
Mellitah Oil and Gas launches its tree planting campaign at El-Feel oil field
Business

Mellitah completes second heavy lifting operation at Bouri field – supporting its “zero flaring” goal

May 22, 2026
Mitiga airport closure to continue due to militia fighting
Business

Malta Civil Aviation Authority’s Security Department visits Tripoli’s Mitiga airport with view to restarting flights

May 22, 2026
Minister of Economy visits Tripoli Port – discusses accelerating goods processing time to reduce cost of imports
Business

Minister of Economy visits Tripoli Port – discusses accelerating goods processing time to reduce cost of imports

May 22, 2026
Tripoli Chamber invites investment proposals for its buildings
Business

Industry Pioneers Conference and Forum held in Tripoli – as a national platform to support Libyan industry and enhance economic partnership

May 21, 2026
Austria’s OMV opens Benghazi office and holds meeting to discuss Contract Development Area No. 91
Business

Austria’s OMV opens Benghazi office and holds meeting to discuss Contract Development Area No. 91

May 21, 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

  • CBL receives results from meetings with international banks

    Central Bank of Libya source to Libya Herald: Direct transfers will effectively end the black market’s monopoly on foreign currency

    0 shares
    Share 0 Tweet 0
  • Court of Appeal acquits former Qaddafi intelligence chief Senussi, and others, of all charges related to suppression of protesters during 2011 revolution

    0 shares
    Share 0 Tweet 0
  • Suspect arrested in possession of over 400 currency debit cards destined for money laundering via UAE and Turkey

    0 shares
    Share 0 Tweet 0
  • CBL to inject US$ 3 billion in May and another US$ 3.5 billion in June to meet accumulated demand and stabilise currency and commodity markets

    0 shares
    Share 0 Tweet 0
  • First Phase projects in Benghazi’s Julyana district inaugurated – including five bridges

    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

Zueitina Oil Company’s Low-Pressure Gas Compressor Project at Field 103A resumes

Mellitah completes second heavy lifting operation at Bouri field – supporting its “zero flaring” goal

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.