Togo and South African Airways: New West Africa airline hub in the making?
Togo is on the radar for Star Alliance member airline South African Airways.
Togo is on the radar for Star Alliance member airline South African Airways. South African Airways (SAA) had been flying in losses and may buy a percentage of the Togo based airline Asky to increase market shares in West Africa. Asky operates from Lome, Togo.
A SAA explorer team will head to Ghana next week to discuss with potential investors and partners a move to establish a hub in that part of Africa.
One of the options under consideration is to partner with Ghanaian investors in acquiring part of Asky, which operates out of the Togolese capital, Lomé, and relocate it to Accra.
Asky began commercial operations in 2010, having been formed at the instigation of West African states following the collapse of pan-African airline Air Afrique.
Currently stocks in Asky are held mainly by private-sector investors, although the presence of Star Alliance Partner Ethiopian Airlines as a strategic shareholder could be an obstacle to SAA’s plans.
Even though both carriers share the same airline alliance, they are in competition to win African skies.