New West African airline hub in the making?


According to eTurboNews, Togo is on the radar for South African Airways.

SAA is alleged to be interested in buying a percentage of the Togo-based airline ASKY to increase market share in West Africa.

A SAA explorer team will soon head to Ghana to discuss a move to establish a hub in West Africa with potential investors and partners.

One of the options under consideration is to partner with Ghanaian investors to acquire part of ASKY, which operates out of the Togolese capital Lomé, and relocate it to Accra.

ASKY began commercial operations in 2010, following the collapse of pan-African airline Air Afrique.

Stocks in ASKY are currently 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.