Reports from Arusha gave confirmation over the last weekend that the government has apparently terminated the management contract of the Kilimanjaro Airports Development Company, in short KADCO, as a result of non-performance and missing agreed targets.
KADCO initially had a contract for 25 years, but this was of late under scrutiny over a range of issues, while air operators regularly complained that the user charges were high in comparison with other similar airports in the region, hampering the wider development of air transport.
It is not clear if the KADCO shareholders will go to court to seek an injunction and sue for wrongful termination of contract, as one source close to the company has already intimated.
(eTN): KADCO shown the door | re-post license |Â post content
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