Unconfirmed reports out of Ghana claim that Egyptian carrier, Egyptair (MS), having allegedly considered "other options" on the Ghanaian scene, are "in talks" to acquire "about a 50% stake" in the struggling Ghanaian domestic operator CTK CiTylinK Airlines (CTQ).
Of late, CiTylinK Airlines has been going through a very rough patch, having first suspended operations in early August before losing its leased Fokker 100 over unpaid leasing charges shortly after.
"Egypt Air will control 50 percent stake in the airline while majority shareholder, Tei Azu and other local investors will own the rest of the shares. Citi Business News also
