Bloomberg News

Air Cemac Ends Agreement With SAA, Seeks New Strategic Partner

February 20, 2012

Feb. 18 (Bloomberg) -- Air Cemac, a proposed airline for the Central African region, said it terminated an air service agreement with South African Airways and seeks to find a new strategic partner within a month.

The accord ended because of deep differences of opinion with SAA, Air Cemac said today in a statement following an extraordinary general meeting.

Cameroon, the Republic of Congo, the Central African Republic, Gabon, Equatorial Guinea and Chad, which are shareholders in Air Cemac, agreed to base the airline in Brazzaville, Congo, according to the statement.

--Editors: Rob Verdonck, Ben Holland

To contact the reporter on this story: Andrew Roberts in Paris at aroberts36@bloomberg.net

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net


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