GACL details $4m debt leading to McDan Aviation Terminal closure

The Ghana Airports Company Limited (GACL) has closed McDan Aviation’s private jet terminal at Kotoka International Airport (KIA), citing an outstanding debt of nearly $4 million. The closure, which occurred on December 30, 2024, is part of GACL’s routine debt recovery efforts aimed at addressing arrears owed by companies operating at the airport.

GACL revealed that McDan Aviation owes $3,995,622.66 and GHS 13,523.37 in unpaid fees, which include terminal rentals, land leases, and other charges. A detailed breakdown of the debt includes $640,232.48 for Terminal 1 rent, $1,160,827.23 for a block factory on Spintex Road, and $2,168,266.75 for an airport logistics building. Additionally, the company owes $8,140 for space rental at the Courier Enclave and GHS 13,523.37 for office space at the Cargo Village.

Moreover, McDan Aviation is required to remit 15% of its gross revenue from September 2022 to November 2024, which remains unpaid. While the company made a partial payment of GHS 2 million on December 24, 2024, GACL insists that the debt must be fully settled due to McDan’s history of defaulting on payment plans proposed as far back as 2020.

McDan Aviation’s Response

In response to the closure, McDan Aviation has disputed portions of the debt, particularly the $2 million related to a land acquisition currently under legal contention. The company argues that some of the lands were acquired from GACL under unclear circumstances. However, GACL countered this claim, stating that McDan has developed commercial properties on the disputed lands and is earning rental income without paying the required ground rent.

GACL’s Commitment to Accountability

GACL emphasized its commitment to ensuring financial accountability and operational efficiency at KIA. In addition to McDan Aviation, four other companies operating at the airport have faced similar closures due to debt non-payment.

GACL’s management has vowed to continue its efforts to recover all outstanding monies owed, reiterating that timely payments are essential for maintaining the quality and efficiency of airport services.

By: Linda Akite