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Air Mali, formerly Compagnie Aérienne du Mali (abbreviated as CAM), was an airline based in Mali that was formed by the Aga Khan Fund for Economic Development (AKFED) through its subsidiary IPS, West Africa and the government of Mali in April 2005.
Due to the Northern Mali conflict, the airline's operations have been suspended since December 2012.
CAM made its inaugural flight on 7 June 2005 from Bamako to Mopti and then to Gao, and back, with a Dash 8. The initial aim was to focus on Mali's internal network.
The company rebranded itself as Air Mali on 15 May 2009.[1]
In July 2012, following the civil war within Mali, the airline was forced to ground their McDonnell Douglas MD-83 and McDonnell Douglas MD-87 aircraft, and decided to cease all operations on December 27, 2012.[2] All employees were released from their duties with immediate effect, but were informed that the airline management would reassess the situation in September 2013. As of 2015, the airline was still incorporated, but not active; and no signs of a resumption in flying were to be seen.[3]
Ownership
Shareholdings (as at August 2013)[4] were:
| Shareholder | Interest |
|---|---|
| Aga Khan Fund for Economic Development | 94% |
| Government of Mali | 2% |
| The Agora Company, Mali (la Société Agora Mali) | 2% |
| Other shareholders | 2% |
| Total | 100% |
Business trends
Financial and other business figures for Air Mali are not available, as the company is privately owned.
Head office
Air Mali was/is headquartered in the Immeuble Tomota in Bamako, Mali,[5]
At the time of grounding on December 27, 2012, Air Mali fleet consisted of the following aircraft:
| Aircraft | In fleet | Notes |
|---|---|---|
| McDonnell Douglas MD-83 | 1 | Grounded since July 2012 |
| McDonnell Douglas MD-87 | 1 | Grounded since July 2012 |
| Bombardier CRJ200 | 1 | Stored since December 2012 |
| Total | 3 |
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