GACL particulars $3.9 million debt owed by McDan Aviation
The Ghana Airports Company Limited (GACL) has offered an in depth breakdown of the debt owed by McDan Aviation, which led to the closure of its personal jet terminal at Kotoka International Airport (KIA) on December 30, 2024.
According to GACL, McDan Aviation owes over $3.9 million, collected over time for land leases, terminal charges, and rental costs. Despite repeated notices and a December 25, 2024, deadline for settlement, nearly all of the debt stays unpaid.
Detailed Breakdown of McDan’s Debt
The breakdown offered by GACL consists of:
- Terminal 1 Rent and Fees: $640,232.48
- Block Factory, Spintex Road (5.66 acres): $1,160,827.23
- Airport Logistics Building, Spintex Road (10.63 acres): $2,168,266.75
- Courier Enclave (0.59 acres): $8,140
- Cargo Village Offices: $18,156.20 (GHS 13,523.37)
GACL additionally highlighted that McDan is obligated to pay a 15% share of the gross income from September 1, 2022, to November 30, 2024, which can be excellent.
Meanwhile, McDan Aviation has contested the debt quantity, claiming that $2 million pertains to a disputed land acquisition at the moment underneath litigation.
The GACL additional emphasised that McDan has already developed the land in query, regardless of the continued litigation. The firm argues that McDan has been cashing in on rental proceeds on the developed land with out paying floor hire.
GACL maintains its place of demanding full fee for all excellent money owed from McDan Aviation.
The GACL full assertion beneath:
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