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Exclusive: Chairman of Afriqiyah Airways: “We Face a Massive Financial Burden with an Annual Obligation of 130 Million LYD… Progress Made in Operations and Maintenance”
Chairman of the Board of Afriqiyah Airways, Ahmed Al-Turki, told our source that despite the airline’s heavy financial obligations, there has been significant progress in operations and maintenance.
Al-Turki confirmed important updates in operational matters that signal a partial breakthrough amid the financial challenges facing the company. He noted that Istanbul Station is set to resume operations by the end of July, as part of a plan to reactivate key flight routes.
Regarding the A330 aircraft, Al-Turki explained that full funding has been allocated for its maintenance, and it is expected to return to service within 15 days, as part of a broader plan involving several aircraft.
He added that the airline’s management recently received official promises from the Libyan government to settle outstanding debts related to aircraft maintenance, which will help improve fleet readiness in the coming period.
On insurance, Al-Turki noted that the company is temporarily contracted with an alternative insurance provider while awaiting a final settlement with Libya Insurance Company, to which Afriqiyah had already paid 75 million LYD up to the end of 2024.
He stressed that the airline is burdened by a significant financial load, specifically an annual obligation of 130 million LYD, used to cover old debts accumulated over the years, creating ongoing pressure on the general budget.
Al-Turki concluded by saying that the company continues to fulfill its national duty despite all challenges, calling on the relevant authorities to urgently provide real and sustainable support to ensure the continuity of Afriqiyah Airways as a national carrier serving all Libyans.