in Air Transport

Air Madagascar shortlists four airlines as potential partner

Posted 30 November 2016 · Add Comment

The CEO of Air Madagascar ,Gilles Filiatreault, has announced the names of the four carriers that have been shortlisted as potential strategic partners for the state-owned airline, reports ch-aviation.

Filiatreault said that several firms had submitted proposals to acquire up to 49% of Air Madagascar including Air France and several Gulf carriers.

From that seven, the list has now been shortlisted to; Air Austral, Kenya Airways Airlink, and Air Mauritius with a definitive choice set to be made by year-end.

The final evaluation process will focus on the benefits each carrier can bring to Air Madagascar in terms of growth synergies as well as its plan to help return the loss-making national airline to long-term profitability

"We're on track with the [privatisation] process. Air Madagascar will take to the skies with its new strategic partner during the first trimester of 2017,” said Malagasy Minister of Transport, Benjamina Ramarcel Ramanantsoa.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Swaziland seeks to diversify network through subsidised ops

Following the collapse of the Swazi Airways venture before it ever even launched flights, the Swazi government is now courting South African carriers over their interest in connecting Manzini King Mswati III Int'l to various cities

Algerian minister confirms bids submitted re cargo market tender

Algerian Minister of Public Works and Transport, Abdelghani Zaalane, has confirmed that four bids have been submitted to government regarding the proposed liberalisation of the country's air cargo market, reports ch-aviation.

AHRLAC based Bronco II launched

The newly created company Bronco Combat Systems (BCS) USA, announced today the launch of the Bronco II aircraft, which is based on Paramount Group's AHRLAC aircraft (Advanced High-Performance Reconnaissance Light Aircraft).

Turkish Airlines to commence flights to Freetown

Turkish Airlines is to launch flights to Freetown.

Dana Air and ASKY sign interline agreement

An interline agreement has been reached between Dana Air and Asky airline, reports Afritraveller.

Boeing 737 MAX 9 awarded FAA certification

Boeing has announced that the 737 MAX 9 has received an amended type certificate (ATC) from the U.S. Federal Aviation Administration (FAA), officially certifying the aircraft for commercial service.

Aviation Africa SK18418
See us at
Aviation Africa BT18418Global Aerospace BT010518