No Result
View All Result
Sunday, June 1, 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

Libya to launch a new state airliner – a regressive step into state ownership?

bySami Zaptia
December 4, 2024
Reading Time: 2 mins read
A A
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

(GNU).

The Tripoli based Libyan government reported that in a meeting held last Monday (2 December), the Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, followed up on the launch of a new airline aimed at addressing the current airline situation.

The meeting was attended by Minister of Transport Mohamed Al-Shahoubi, Minister of State for Communication and Political Affairs Walid Al-Lafi, Chairman of the Executive Team for President’s Initiatives and Strategic Projects Mustafa Al-Mana, and Chairman of Afriqiyah Airways Ahmed Al-Amin.

During the meeting, it was stressed that the launch of the new company comes within the framework of an advanced investment vision aimed at improving the competitiveness of the sector at the global level, in line with the government’s plan to develop airports in different cities.

During the meeting, the need to take additional steps to develop the local aviation sector was also stressed. No further details were revealed.

Comment and analysis
The Tripoli based Libyan government’s report on the above meeting was sparse in detail about this proposed new airliner.

RELATED POSTS

‘‘For the first time, Libyans have hope to get rid of these militias, and the dream of the rule of law and institutions is almost a reality soon’’: Aldabaiba

Buraq Air announces addition of new Embraer E190 aircraft to its fleet

At a time when the Libyan government and state are short of money to pay for the most basic everyday needs and necessities, it gave no hint as to how or who would finance this venture.

The report notably mentioned that the Chairman of the state Afriqiyah Airways was present – but neither the Libyan Airlines nor the chairman of the Libyan African Aviation Holding Company (LAAHCO), were present. The state Holding Company owns both the state Afriqiyah Airways and Libyan Airlines.

Libya is still not the UAE or Qatar
While having a vibrant state-owned flag carrier operating at an international level on par with Emirates or Qatar Air to market ‘‘brand Libya’’ and attract tourists and investors is an attractive idea, Libya is still years away from that.

The Libyan state has billions of assets still frozen by UN Security Council sanction, struggles to pay state-sector salaries every month on time and there is still a bank liquidity crisis. The EU flight ban on Libyan registered carriers is still in place and most western nations advise their citizens not to travel to Libya.

Half of Libya is run by military strongman Khalifa Hafter and the country has failed to agree on a constitution and hold elections for a unified government that would rule the whole country.

Private sector v state sector?
Re-establishing a new state-owned carrier seems a regressive step. The assumption is that Libya, post the socialist welfare Qaddafi state era, would be looking to the private sector to lead in all its progressive sectors – including aviation. State owned and operated Libyan institutions have a long legacy of service failure and financial loss.

Both the two current state carriers, Afriqiyah and Libyan Airlines are struggling. The still-in place EU flight ban and the damage both carriers suffered to their aircraft during the 17 February revolution have added to their woes. Both carriers suffer from over-employment, with Libyan Airlines the worse of the two. They are both in debt and struggle to pay salaries. Many Libyan Airlines have not been paid for a year.

Aldabaiba has no political or moral mandate
It must therefore be asked if the current unelected prime minister and government have the political and moral mandate to commit the Libyan public’s oil money into such a venture. A venture which has not been discussed over several years by a functioning parliament, media and civil society to gain a needed consensus.

Tags: Abd Alhamid aldabaiba pm GNU Government of National UnityAfriqiyahairlines airliner carrieraviation air transportLibyan airlinesstate ownershipstate sector

Related Posts

Aldabaiba stresses need to activate agricultural projects in cooperation with private sector
Business

Agriculture Ministry Undersecretary visits South Korea‎ – discusses establishing tractor factory

May 22, 2025
LAIP delegation visits Maputo, Mozambique to recover seized rice project
Business

Committee for Libya Africa Transit Corridors Project convened with Niger Chargé d’affaires – agree to develop MoU

May 22, 2025
Libya and Shell discuss several areas of cooperation
Business

Acting Minister of Oil and Gas meets Shell delegation to discuss future partnership opportunities

May 21, 2025
Tripoli airport closed on Friday for maintenance
Business

Tripoli International Airport to open to private flights and ambulance flights

May 21, 2025
Libyan European Forum for Oil, Gas and Energy held in Malta from 15 to 16 May
Business

Libyan European Forum for Oil, Gas and Energy held in Malta from 15 to 16 May

May 18, 2025
4th Libyan German Business Forum held in Tripoli from 12 to 14 May
Business

4th Libyan German Business Forum held in Tripoli from 12 to 14 May

May 17, 2025
Next Post
CBL receives results from meetings with international banks

CBL permits banks to offer interest-free e-debits in lieu of late salaries

Sirte Free Zone meets Oman Chamber of Commerce at Oman Agrofood 2024

Sirte Free Zone meets Oman Chamber of Commerce at Oman Agrofood 2024

ADVERTISEMENT

Top Stories

  • Tripoli airport closed on Friday for maintenance

    Tripoli International Airport to open to private flights and ambulance flights

    0 shares
    Share 0 Tweet 0
  • Acting Minister of Oil and Gas meets Shell delegation to discuss future partnership opportunities

    0 shares
    Share 0 Tweet 0
  • Aldabaiba hits back at opportunist ‘‘warmonger’’ HoR Speaker Saleh

    0 shares
    Share 0 Tweet 0
  • 444th Combat Brigade Commander Hamza celebrates defeat of SSA militia’s corrupt ‘‘empire’’

    0 shares
    Share 0 Tweet 0
  • Committee for Libya Africa Transit Corridors Project convened with Niger Chargé d’affaires – agree to develop MoU

    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

Agriculture Ministry Undersecretary visits South Korea‎ – discusses establishing tractor factory

Committee for Libya Africa Transit Corridors Project convened with Niger Chargé d’affaires – agree to develop MoU

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.