Latest news with #LibyanAirlines
Libyan Express
03-07-2025
- Business
- Libyan Express
Libyan Airlines denies bankruptcy rumours
Crisis hits Libyan Airlines as fleet reduced to just a few planes. Photo via Wikipedia Libyan Airlines has categorically denied recent rumours claiming it is facing bankruptcy, reaffirming that its operations continue uninterrupted and all flights are running as scheduled. Established in 1964, Libyan Airlines stands as Libya's flag carrier and one of the continent's longest-serving airlines. Throughout its history, the airline has been instrumental in linking Libya with key destinations across the Middle East, Europe, and Africa, fostering economic and cultural ties. Despite enduring decades of political turmoil and conflict, Libyan Airlines has remained a vital symbol of national unity and connectivity. In an official statement, the airline confirmed it is actively tackling significant financial and technical challenges through carefully crafted strategic plans aimed at improving operational efficiency and securing its long-term viability. Company spokesperson Ahmed Al-Taira emphasised the management's unwavering commitment to restructuring and rejuvenating the airline. He also issued an urgent appeal to the Libyan government and relevant authorities, urging them to provide the essential support required to safeguard this critical national institution. Al-Taira further highlighted that over the past three years, the airline has received little to no tangible assistance, particularly in the aftermath of severe damage inflicted on its fleet during the violent clashes in Tripoli. Earlier on Wednesday, Libyan Airlines' leadership issued a comprehensive statement outlining the root causes of the ongoing crisis. The company has faced delayed salary payments and the suspension of numerous employee benefits—circumstances that management described as largely beyond their control. The crisis, they explained, originated when operations were abruptly halted due to extensive destruction of aircraft and spare parts warehouses amid violent confrontations at Tripoli International Airport. This devastation decimated the majority of the fleet, leaving the airline with just one or two functional aircraft at best, severely hampering its capacity to operate effectively.
Libya Observer
03-07-2025
- Business
- Libya Observer
Libyan Airlines denies bankruptcy rumors, calls for urgent government intervention
Libyan Airlines has denied what it described as 'circulating rumors' about declaring bankruptcy, stressing that its operations are ongoing and that all flights are proceeding according to their regular schedules. In an official statement, the company confirmed that it is working to overcome the financial and technical challenges it faces through strategic plans aimed at enhancing its efficiency and ensuring continuity. Company spokesperson Ahmed Al-Taira clarified that the management is making every effort to restructure and revive the airline. However, he voiced an urgent appeal to the Libyan state and relevant authorities to provide the necessary support to save this vital institution. Al-Taira emphasized that the airline has not received any real support over the past three years, especially after the severe damage inflicted on its fleet during the events in the capital, Tripoli. Earlier on Wednesday, Libyan Airlines' management issued a statement explaining the reasons behind the severe crisis it is facing, which has led to delayed salaries for employees and the loss of several benefits, stressing that the current situation is beyond its control. The management explained that the crisis began after operations were forcibly halted due to extensive damage to most of its aircraft and spare parts warehouses during clashes at Tripoli International Airport, noting that this destruction wiped out most of its fleet, leaving the company operating with only one or two planes at best.
