The Ghana Airports Company Limited (GACL) has closed McDan Aviation’s private jet terminal at Kotoka International Airport due to over $3 million in unpaid debts, including land leases, terminal fees, and rentals. Despite a December 25 deadline, the company failed to clear its debts.
Debt Breakdown
McDan Aviation owes a total of $3,995,622.66 and GHS 13,523.37, detailed as follows:
- Terminal 1 Rent and Fees: $640,232.48
- Block Factory, Spintex Road (5.66 acres): $1,160,827.23
- Airport Logistics Building, Spintex Road (10.63 acres): $2,168,266.75
- Courier Enclave (0.59 acres): $8,140
- Cargo Village Offices: $18,156.20 (GHS 13,523.37)
McDan is also required to pay 15% of gross revenue from September 2022 to November 2024, which remains outstanding.
GACL’s Response to Disputes
McDan Aviation claims $2 million of the debt relates to disputed land under litigation. However, GACL emphasized that McDan has developed the contested land and benefits from rental income without paying ground rent. Previous payment plans proposed by McDan in 2020 were defaulted.
Partial Payment and Other Closures
McDan paid GHS 2,000,000 on December 24, 2024, as part of its outstanding balance. Meanwhile, four other companies at Kotoka International Airport were also closed for non-payment of debts to GACL.
This closure forms part of GACL’s year-end debt collection efforts.
