Air Transport World

Morocco invited.(Brief Article)(Statistical Data Included)

Morocco invited bids from local and foreign investment banks for valuation of Royal Air Maroc in the latest step toward the expected sale of up to 40% of the state-controlled airline, Partial privatization has been on the table since 1995 but was delayed to allow restructuring after years of losses. The state owns 94.8% of the airline while Air France and Iberia hold 3. …

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