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عربي

Libyan Airlines

  
 
 
 
 
 
 
 
 
Updated: Oct 08, 2008
 
 
 
Country

Libya

Ownership Type
Company Type
Limited Liability
 
 
 
 
Formerly Known As 
Kingdom of Libya Airlines, Libyan Arab Airlines until 2006
Principal Activities
Provides scheduled air transportation services for passengers and cargo.
 
Date of Establishment Year
1964
 
No of Employees
2,090 (As of Aug 28, 2008)
 
Important/Recent Developments
In 2001 Air Jamahiriya was merged into Libyan Arab Airlines.
 
 
Contact Details
Address:
Haiti Street
P.O. Box 2555
Tarabulus 
Tripoli
Libya
 
Tel:
+218 21-444-3022
+218 21-361-4102
 
Fax:
+218 21-361-4103
+218 21-361-2187
 
Email:
libyanairlines@ln.aero
 
Website:
www.ln.aero

 
 
 Business Overview
Libyan Airlines operates scheduled transportation services for passengers and cargo to 24 destinations. The private airline owns 7 aircrafts and carried 885,000 passengers in 2007.

Libyan Airlines was established in 1964 as Kingdom of Libya Airlines, later the name was changed to Libyan Arab Airlines and again to Libyan Airlines in 2006. The airline’s international operations were ceased in 1992, due to UN trade sanctions imposed on Libya for political reasons associated with the Lockerbie bombing. During that period the airline flew domestically only.

When the restrictions were lifted in 1999, the airline started to rebuild its international services. In 2001 Air Jamahiriya was merged into Libyan Airlines.

Libyan Airlines raised its paid capital by 76% in 2007, to LYD176 million (USD136.5 million). The Airline ordered 15 airbus aircraft in December 2007 and plans to have one of the most modern fleets in the Middle East.
 
 
28 48 4,548,998 36 51 5,866,991 40 49 6,803,545
Zawya Industry Benchmarks  Yr 2006  Yr 2007  Change (%) MENA Industry Avg  
Passenger Traffic 885,000  N/A  6,803,545
Fleet Size 133.33  40
No. of Destinations 20  24  20.00  49
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Libyan National Investment Company  Corporate Libya 30.00% 
Libyan National Social Fund  Government Libya 30.00% 
Libyan African Investment Fund  Government Libya 25.00% 
 
 
 Direct Investments and Related Entities 
Parent Company/Organization
Name  Country  Holding 
Libyan African Aviation Holding Company [LAAHC] Libya -
Sister Companies
Name  Country  Holding 
Afriqiyah Airways Libya -
United Aviation Libya -
Supervising Authority
Name  Country  Holding 
Civil Aviation Authority - Libya Libya -
Related Organizations
Name  Country  Holding 
Arab Air Carriers Organization Lebanon -
 
 
 Financial Results  31-Dec-06  31-Dec-07   Yr on Yr 
  LYD'000 LYD'000 change (%)
Paid-up capital 100,000 176,000 76.00
 
 
 
 
 
 
 

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