Togo’s Asky Airlines Open to Offers for Investors to Buy StakeChris Spillane
Asky Airlines, a Togolese carrier, is open to offers by investors seeking a stake in the closely held company.
“Any purchase of shares is highly welcome by any individual or organization,” spokesperson Asalifou Traore said by e-mail today.
The Johannesburg-based Business Day newspaper reported earlier that government-owned South African Airways wants to take a stake in Asky and relocate it to Accra, the Ghanaian capital.
Ethiopian Air, the Africa’s No. 2 carrier, added a hub in Togo in 2008 via an investment in Asky that stands at 40 percent now and opened another in Malawi in the south this year. The Addis Ababa-based company is evaluating a fourth base in Congo.