Sunday, November 2, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Afriqiyah Airways Loses 7 Aircraft Due to Libyan Wars

August 16, 2024
Afriqiyah Airways Loses 7 Aircraft Due to Libyan Wars
Share on FacebookShare on Twitter

The Director of International Relations at Afriqiyah Airways, Moaz Ben Ismail, revealed that the company has suffered significant losses due to the wars in 2011, 2014, and 2019, losing seven aircraft with a total value of 800 million dinars. Despite these challenges, the company continues to provide services to its customers.

In an interview with Libya Al-Ahrar TV, Ben Ismail stated that the company currently employs around 1,700 staff members and maintains a qualified workforce, which he cited as a positive indicator of the company’s stability and growth. He noted that in 2014, the company had 1,400 employees, and by 2024, the number had risen to 1,427.

Ben Ismail emphasized that the imposition of a 27% value-added tax on the dollar has directly impacted the company, particularly in terms of transferring funds through the Central Bank.

He also mentioned that although the company has not yet increased ticket prices, it may soon be forced to do so, following the lead of other airlines.

Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations.

Libya’s economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya’s economy.

The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions.

The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition.

Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges.

Tags: Afriqiyah Airwayscbllibyawar
Next Post
Libyan PM Forms Emergency Committee for Ghat & Surrounding Areas

Libyan PM Forms Emergency Committee for Ghat & Surrounding Areas

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

US Calls for Libya-Led Dialogue to Resolve East Mediterranean Disputes

Libya Rescues 45 Migrants North of Tobruk

Arab Parliament Calls for Early Elections in Libya

Heavy Gunfire Reported in Libyan Capital Tripoli

Libya Takes Part in Chess World Cup 2025 in India

MSF Condemns Libya’s Decision to Expel Its Teams

EDITOR PICKS

Libya’s Election Commission Restarts Local Election Process

Libya’s Tarhuna Elders Declare Full Support for Khalifa Haftar

Libya “Stargazers” to Witness Rare Planet Parade

Libyan PM Attends 2nd Edition of Heritage Carnival in Benghazi

Libya Takes Part in Chess World Cup 2025 in India

Libya Rescues 45 Migrants North of Tobruk

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR