No Result
View All Result
Saturday, July 12, 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

Aldabaiba seeking long term partnership not interim solutions on combatting irregular migration

Aldabaiba opens First Phase of Tripoli’s Third Ring Road

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

CBL receives results from meetings with international banks
Business

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

July 11, 2025
Preparations for the second ‘‘Made in Libya’’ edition in Niamey, Niger progressing
Business

“Made in Libya” exhibition to be held in Benghazi from 10 to 13 August

July 11, 2025
Sirte and BACB to improve cooperation
Business

Sirte Oil completes drilling of horizontal well in Zilten field producing 1,985 bpd using local cadres

July 11, 2025
Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges
Business

Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

July 10, 2025
Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions
Business

Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

July 10, 2025
NOC announces force majeure at Zawia port
Business

Libyan Fertiliser Company’s urea plant achieves a 95 percent production rate

July 10, 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

  • Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement

    All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

    0 shares
    Share 0 Tweet 0
  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • Op-Ed: Reputational Damage Is Worse Than Losing Money

    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

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

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.