McDan Aviation’s personal jet terminal grounded once more over $3m debt
The Ghana Airports Company Limited (GACL) has shut down McDan Aviation’s personal jet terminal as a result of an excellent debt exceeding $3 million.
This closure marks the second time McDan Aviation has confronted such motion.
The present debt consists of land leases, leases, and terminal prices that McDan Aviation didn’t settle regardless of a deadline extending till Christmas.
This raises questions concerning the firm’s monetary commitments and its capacity to satisfy its obligations.
In February 2022, GACL barred McDan Aviation from working its personal jet companies at Terminal 1 of Kotoka International Airport (KIA) as a result of operational breaches. The firm launched its companies with out assembly the required phrases and circumstances set by the airport authorities.
A letter issued by GACL in January 2022 ordered McDan Aviation to stop operations at Terminal 1, citing non-compliance with prior directives. The firm failed to stick to the agreed-upon phrases for utilizing the terminal, resulting in its preliminary suspension.
Despite the earlier shutdown and ongoing issues, McDan Aviation’s failure to settle its amassed debt has resulted within the newest closure of the personal jet terminal.
This state of affairs raises questions concerning the firm’s dedication to accountable monetary administration and adherence to rules.
Meanwhile, the way forward for McDan Aviation’s personal jet terminal stays unsure. To regain entry, the corporate might want to settle its excellent debt and doubtlessly handle any lingering operational issues raised by GACL.
