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Founded | 1967 | ||||||
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Hubs | Ouagadougou Airport | ||||||
Alliance | Celestair | ||||||
Fleet size | 2 + 2 aircraft stored | ||||||
Destinations | 10 | ||||||
Company slogan | "Le sentiment d'une bonne compagnie" ("The feeling of a good company") |
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Headquarters | Ouagadougou, Burkina Faso | ||||||
Website | www |
Air Burkina SA is the national airline of Burkina Faso, operating scheduled services to one domestic destination, Bobo-Dioulasso, as well as regional services to Togo, Benin, Mali, Niger, Côte d'Ivoire, Senegal and Ghana. It is majority owned by an AKFED/IPS consortium, and operates from its main base at Ouagadougou Airport.
The airline was established on 17 March 1967 under the name Air Volta. It was originally part owned by the Burkinabé government, part by Air France and part privately held. It purchased its first aircraft, an Embraer EMB-110 Bandeirante, in 1978, and added a second, a Fokker F28, in 1983.
Over the years, the airline has had serious debt problems, reaching a deficit of one billion CFA francs in 1992 (approx. €1,500,000). In part to address its debt problem, the Burkina Faso government privatised Air Burkina on 21 February 2001, transferring 56% of the shares to the AKFED/IPS consortium, part of the Aga Khan Development Network). At that time, the government retained 14% of shares. In 2001, following Air Burkina's privatisation and the liquidation of Air Afrique, the airline's debt had largely been alleviated and it was predicting an annual revenue of around 3.5 billion CFA francs (more than €5,000,000).