newstodate.aero
Oct 02, 2018 (newstodate): Kyrgyzstan's state-owned national carrier Air Kyrgyzstan in in dire need for capital injections and a new strategy.
The status and future of the carrier was on the agenda at a recent meeting of the Kyrgyz Parliaments Committee on Transport, Communications, Architecture and Construction.
After a hefty discussion, the Committee gave one month only to the Kyrgyz Government to review the State Property Management Fund's presentation on further proposed measures for the air company.
Kyrgyzstan has made a fresh attempt to privatize the carrier through a tender process that, however, proved without results due to the poor shape of the airline.
In the fleet of Air Kyrgyzstan are only two Boeing 737 Classic aircraft, one of which is sub-leased to a Romanian operator while the other aircraft is grounded due to lack of funds for maintenance.
The Kyrgyz government earlier hoped for a potential Chinese partner to take 49 percent of the shares and refresh the aircraft fleet with up to six new western-built commercial aircraft to enhance services on the existing route network and facilitate a future expansion of the connectivity between Kyrgyzstan and the international market.
This has, however, also not materialized.
The status and future of the carrier was on the agenda at a recent meeting of the Kyrgyz Parliaments Committee on Transport, Communications, Architecture and Construction.
After a hefty discussion, the Committee gave one month only to the Kyrgyz Government to review the State Property Management Fund's presentation on further proposed measures for the air company.
Kyrgyzstan has made a fresh attempt to privatize the carrier through a tender process that, however, proved without results due to the poor shape of the airline.
In the fleet of Air Kyrgyzstan are only two Boeing 737 Classic aircraft, one of which is sub-leased to a Romanian operator while the other aircraft is grounded due to lack of funds for maintenance.
The Kyrgyz government earlier hoped for a potential Chinese partner to take 49 percent of the shares and refresh the aircraft fleet with up to six new western-built commercial aircraft to enhance services on the existing route network and facilitate a future expansion of the connectivity between Kyrgyzstan and the international market.
This has, however, also not materialized.