Ceiba Intercontinental and Iberia will operate a total of 15 flights per week.
MALABO, Equatorial Guinea, Nov. 30, 2012 /PRNewswire-USNewswire/ -- The governments of Equatorial Guinea and Spain recently signed an agreement to increase the number of passenger flights on the Malabo-Madrid route operated by Equatorial Guinea's national airline, Ceiba Intercontinental, to eight flights per week. Ceiba currently operates three flights per week.
Agapito Mba Mokuy, Minister of Foreign Affairs of Equatorial Guinea, and Jose Manuel Garcia-Margallo, Minister of Foreign Affairs of Spain, signed the agreement on Wednesday, November 28.
Ceiba Intercontinental made its historic first intercontinental flight on October 4 from Malabo, Equatorial Guinea, to Madrid. Ceiba is currently servicing the route with a newly acquired Boeing 777 aircraft. Spain's airline, Iberia, recently announced it will increase the Malabo-Madrid route from three to seven flights per week.
Lufthansa and Air France offer service between Malabo and Frankfurt and Paris, respectively. Malabo is also served by royal Air Maroc and Ethiopian Airlines. Ceiba offers service from Malabo and Bata to several destinations in Africa.
This agreement reflects the growth of the economy and the increased business activity in Equatorial Guinea, which is centered largely around petroleum and natural gas production. The government of Equatorial Guinea has launched a development plan with the goal of creating a sustainable and more diversified economy by 2020.
About Equatorial Guinea
The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country's oil and natural gas resources, which only within the last five years began contributing to the global energy supply. Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa. The country hosted the 2011 Summit of the African Union. For more information, visit http://www.guineaecuatorialpress.com.
SOURCE Republic of Equatorial Guinea