Ghana Airways was founded on 4 July 1958, by the government of Ghana with startup capital of £400,000; the government holding a 60 percent stake, with BOAC holding the remainder. When the company was founded, a seven-year agreement between the airline and BOAC was signed. Since the collapse of the airways in 2004 and the subsequent collapse of Ghana International Airlines in2010, Ghana has been without a national airline for its international flight operations.
According to the Zotus Group, which is the financial partner of the rejuvenated Ghana Airlines has said that operation of the state carrier will start this year. “The time has come to return Ghana to the aviation map,” the Minister of Transport, Kwaku Ofori Asiamah said in a statement issued by Zotus Group. “Learning from past experiences and following best practices within the aviation industry, it is best to collaborate with the private sector.” Ghana’s airspace has been without a national airline for 13 years following the collapse of former national airlines Ghana Airways.
Ghana Airlines will be financially supported by the Zotus Group and will commence operations with flights to several domestic and regional routes, including services on global and European routes. “It is with this support we anticipate a successful business model from the outset,” Heskey added (Co-Founder of Zotus Group). Everything is in line for Ghana Airlines to provide its services to customers both locally and internationally in 2023.