In 2009, the Agence France Press (AFP) reported that the CEO of CEIBA Intercontinental Mamadou Jaye, a Senegalese citizen of Gambian origin, left Equatorial Guinea with a suitcase containing 3.5 billion CFA francs (approximately 5 million euros or 6.5 million United States dollars) and spare ATR aircraft parts to negotiate trade deals with Côte d'Ivoire, The Gambia, Ghana, and Senegal and to establish a West African office for CEIBA. The report said that Jaye never returned to Equatorial Guinea.[4] Jaye denied that he took money from the company and filed a lawsuit against Rodrigo Angwe, the Malabo-based correspondent for Agence France Presse and Radio France Internationale (RFI) who submitted the story. Angwe used an employee as a source; the employee said that he received the information from the internet. After the employee's admission, AFP and RFI retracted the story. Jaye accused Angwe of publishing the internet article himself.[5]
In 2022, it was announced that CEIBA would be privatised. In 2024, Equatorial Guinea was discussing a plan to sell a stake in the company to Ethiopian Airlines after an official expression of interest; CEIBA is one of five state businesses due to be sold off under a 2019 IMF deal.[6]
Malabo to Madrid
In 2012, the airline made its first flight between Malabo and Madrid with its own planes. This came after the route had been operating throughout the 1990s, 2000s, and early 2010s, under Spanish airlines such as Spanair.[7] In 2013, CEIBA had direct flights from Malabo to Madrid via a wet-lease agreement with White Airways.[8]
CEIBA Intercontinental currently has a Interline agreement with APG Airlines.[13] And a partnership with Egyptair for technical support, training, and route expansion.[14] Previously, it had a partnership with STP Airways[15]
Fleet
Current fleet
As of August2025[update], Ceiba Intercontinental operates the following aircraft:[16]
29 August 2024 – the same as aircraft as above, now registered in Ethiopia as ET-AWR, was operating as Flight 205, from Bata Airport, Equatorial Guinea to Malabo, overran the runway after landing in heavy rain. The aircraft was substantially damaged, but all passengers and crew were evacuated via the emergency slides injury-free.[23][24]
↑"Air CEMAC moves closer to launch in partnership with Air France". CAPA - Centre for Aviation. 7 August 2013. Archived from the original on 29 November 2018. Retrieved 8 February 2025. Equatorial Guinea's flag carrier, CEIBA Intercontinental, operates domestic and regional services from its Malabo hub with ATR 42 and ATR 72 aircraft. The carrier also operates a single long-haul route to Madrid, owing to its historic Spanish links, with a Boeing 777-200LR which is on a long term wet lease from White.
↑Nowakowski, Adrian (21 January 2024). "Explained: The EU Air Safety List". Airways Mag. Archived from the original on 8 February 2025. Retrieved 8 February 2025. Ceiba Intercontinental does occasionally operate flights from Malabo (SSG) to Madrid under its native C2500 callsign. However, these services are fully operated on a wet-lease basis by Wamos Air, one of the largest ACMI airlines in Europe, utilizing both EB aircraft and crew.