Strategic partnership: Air Madagascar and Air Austral signed a MOU
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. "