Royal Air Maroc could tie up with a major carrier in the Gulf ahead of privatisation, according to the country’s tourism minister. The airline, which received a $193m bailout from the Moroccan government recently, has faced increased competition from European based LCCs following the introduction of Morocco’s open-skies policy in 2007. The government also handed Air Maroc $900m with which to upgrade itself by 2016 which to date is being burned on operating expenses. “There will be privatisation, but I think there will probably be some kind of strategic alliance with a good carrier,” Lahcen told Arabian Business Air Maroc

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In