Burundi Airlines

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Burundi Airlines
IATA ICAO Callsign
n/an/an/a
Founded4 February 2021
Hubs Bujumbura International Airport
Headquarters Bujumbura

Burundi Airlines( IATA : n/a, ICAO : n/a) is a state-owned national airline of Burundi, to function as the national carrier of that East African country. The government of Burundi owns 92 percent of the new airline's stock. [1] Burundi Airlines was formally established on 4 February 2021. [2]

Contents

Overview

The new airline is a merger of the defunct Air Burundi, which ceased operations in 2009, and SOBUGEA, a Burundian government-owned company responsible for ground handling and airport maintenance. The new combined entity will own 92 percent of Burundi Airlines stock. The remaining 8 percent shareholding will be split between a Belgian company and the state-owned insurance company, Societe d’Assurances du Burundi (Socabu). [1] [3]

Ownership

The table below illustrates the shareholding in the stock of Burundi Airlines, as of February 2021. [1] [2] [3]

Burundi Airlines Stock Ownership
RankName of OwnerDomicilePercentage Ownership
1 Government of Burundi Burundi
92.0
2 Company Affiliated With SABENA Belgium
4.0
3Société d’Assurances du Burundi (SOCABU)Burundi
4.0
Total
100.0

History

The former national carrier, Air Burundi was established in 1971, began operations in 1975 and ceased operations in 2009. [2] As part of previous attempts at revival of Air Burundi, the matter came up for discussion during a Cabinet of Burundi meeting on 26 May 2020. [4] [5]

When the matter came up again in a cabinet meeting on 28 December 2020, a decision was made to merge Air Burundi assets, with those of SOBUGEA to constitute the government's 92 percent contribution to the new Burundi Airlines. Other shareholders include the state-owned insurer, Société d’Assurances du Burundi (SOCABU) and the estate of the defunct Belgian airline, SABENA. [1] [2] [6] [7]

Fleet

In 2012 the defunct Air Burundi took delivery of a Xian MA60, 52-seater, two-engine turboprop aircraft. Under arrangement with the manufacturers, another similar aircraft was due to be delivered later. The new Burundi Airlines is expected to begin service with those two airplanes. [8] [9] More aircraft will be acquired as need arises, going forward. [2]

Burundi Airlines fleet
AircraftIn serviceOrdersPassengersNotes
Xian MA60 1152
Total11

See also

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References

  1. 1 2 3 4 Desire Nimubona (28 December 2020). "Burundi Launches Airline Amid Similar Initiatives in East Africa". Bloomberg News . Retrieved 11 January 2021.
  2. 1 2 3 4 5 Taarifa Staff (9 February 2021). "Burundi Airlines Created, State Has 92% Stake". Kigali: Taarifa Rwanda. Retrieved 9 February 2021.
  3. 1 2 Brent Foster (28 December 2020). "Burundi Airlines, a Burundian Fresh Start". Miami, Florida, United States: Airways Magazine. Retrieved 11 January 2021.
  4. Jean de Dieu (30 May 2020). "The revival of Air transport was on the menu of the Cabinet". Abpinfos.com. Retrieved 11 January 2021.
  5. Diane Uwimana (6 September 2020). "Employees concerned over merging of SOBUGEA with AIR Burundi". Bujumbura: IWACU Burundi Organization. Retrieved 11 January 2021.
  6. André Orban (28 December 2020). "The Government of Burundi mulls a new carrier: Burundi Airlines". Hofstade, Flemish Brabant, Belgium: Aviation24 Belgium. Retrieved 11 January 2021.
  7. François Duclos (29 December 2020). "Burundi Airlines, new national company?" (Translated from the French language). French Air-Journal. Retrieved 12 October 2021.
  8. Tony Edlind (1 January 2021). "Photo Gallery of Air Burundi then and now". Sweden: Angelfire.com. Retrieved 11 January 2021.
  9. Brent Foster (28 December 2020). "Burundi Airlines, A Burundian Fresh Start". Miami, Florida, United States: Airways Magazine. Retrieved 24 March 2021.