in Air Transport

Strategic partnership: Air Madagascar and Air Austral signed a MOU

Posted 5 April 2017 · Add Comment

The Memorandum of Understanding between Air Madagascar and Air Austral (the preferred bidder) was signed on April 4 2017, in Antananarivo.

The Malagasy authorities was represented by Gervais Rakotoarimanana, Minister of Finance and Andrianisa Mamy Jean-Jacques, Minister of Transport (p.i). The strategic partner was represented by Marie-Joseph Malé, Chairman and CEO of Air Austral.

Leon Rajaobelina, Chairman of the Board of Directors of Air Madagascar said: " This is an important step forward the formalization of a definitive agreement. We are convinced that this long-term partnership will restore the airline's fundamentals and will allow Air Madagascar to have a major role in the development of air transport at a national, regional and international levels. "

Marie-Joseph Malé, said:  "This agreement marks a historic milestone for the future of Air Madagascar and Air Austral. We are determined to join our forces with Air Madagascar for the development of our two airlines. We are extremely proud of this agreement which comes after a quality process. "
 
Thirty companies have emerged at the beginning of this strategic partnership research process. Seven companies were selected to submit an offer. Today, the Malagasy government has entered the final phase of the negotiations, which will culminate in the signature of a strategic partnership agreement on May 31, 2017. All the process was carried out with the support of IOS Partners assisted by TroyAvi, with funding from the World Bank.
 
* required field

Post a comment

Other Stories
Advertisement
Latest News

RwandAir enables Maestro, Discover, Diners and JCB cards for online tickets payments

RwandAir enables Maestro, Discover, Diners and JCB cards for online tickets payments

ADB Safegate lights up runway at Ghana's Tamale Airport

ADB Safegate has installed the runway lights at Ghana's Tamale Airport Upgrades airport using CAT II LED airfield ground lighting to enable night operations.

Honeywell helps aircraft operators comply with upcoming mandates

Honeywell has met the performance standard for transponders required by the European Aviation Safety Agency to make air traffic management safer and more efficient.

Air Peace to add ERJ-145s

Nigeria's Air Peace will add an undisclosed number of ERJ-145s to its current fleet of four B737-300s, five B737-500s, and one Do328-300, reports ch-aviation.

Air Senegal orders two ATR72-600s

Air Senegal has ordered two ATR72-600s from Avions de Transport Régional as it prepares to commence operations later this year, reports ch-aviation.

CemAir signs LOI for two Q400s

CemAir has signed a Letter of Intent (LOI) with Bombardier for two Dash 8-400/Q400s, reports ch-aviation.

Aviation Africa SK18418
See us at
Global Aerospace BT28218GroundHandling BT0303280917Aviation Africa BT18418