Africa Monitor Intelligence
Cabo Verde: Internal Conflict in Upended Air Sector
Despite internal disputes, which worsened during the pandemic period, Icelandair's management rating among pilots was positive, mainly due to operational improvements (from 145,629 passengers in 2018 to 344,639 in 2019, a 137% increase) and financial improvements. The exit of the current management is a source of concern.
Alleging non-compliance with the agreement of MAR.2021 with the CVA board, for the resumption of commercial operations, after a year of flight stoppage due to the pandemic, the Government proceeded to terminate the contract. In particular, lack of access to the accounting system and bank accounts was invoked. READ MORE