The Ghana Airports Company Limited (GACL) has provided a detailed breakdown of the debts owed by McDan Company Limited as part of its ongoing debt recovery efforts. In a press statement, GACL revealed that McDan owes a total of $3,995,622.66 and GHS 13,523.37 across various categories.
Additionally, the company is required to remit a 15% share of gross revenue from its operations to GACL for the period between September 1, 2022, and November 30, 2024.
GACL acknowledged receiving a partial payment of GH¢2,000,000 from McDan on December 24, 2024. However, this amount falls significantly short of the total owed.

The statement also addressed claims by McDan regarding lands acquired from GACL, highlighting that despite ongoing litigation cited by McDan as a reason for withholding payments, the company has developed commercial buildings on the lands and continues to earn rental income without paying ground rent.
GACL disclosed that McDan had previously proposed payment plans in 2020, which were not honored, prompting GACL to demand full settlement of all arrears.
The debt recovery exercise, GACL emphasized, is a routine initiative aimed at ensuring financial accountability and sustainability. The statement also revealed that, in addition to McDan, four other companies operating at Kotoka International Airport have faced closures for failing to settle their debts.
Management of GACL reiterated its commitment to pursuing outstanding payments, stating:
“We will continue to pursue all debts as we have always done throughout the years to retrieve monies owed to GACL.”
The closure of McDan Aviation’s private jets terminal at the Kotoka International Airport over the weekend sparked further controversy. McDan described the move as being made in bad faith, arguing that it was actively engaging in discussions and making efforts to settle its debts.
The company also expressed concerns about the financial implications of the closure for both parties, calling for further negotiations to ensure business sustainability.































































