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KMPG Group: debts contracted by Air Senegal valued at 67 billion FCFA

20/07/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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At its launch, Air Senegal is struggling to grow. He is exposed to cash flow problems that hinder his performance efforts

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A la fin de la semaine dernière, le groupe KMPG, un réseau international de cabinets d' audit et de conseil a publié un rapport selon lequel Air Sénégal aurait contrasté environ 67 billion FCFA in debts, including 1/3 cleaned, in 5 years of operation. In reality, after the dismissal on July 12, 2022 of Ibrahima Kane, the company's CEO in the meantime, the KMPG group was asked to inspect the company's accounts. In addition, he proposes a rationalization of the fleet's operating costs, the abolition of the least profitable routes and the mobilization of a fund of nearly 100 billion FCFA to clear debts and relaunch the company

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