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
Latest News

StandardAero achieves EASA AMO certification for South African PT6A engine MRO facility

Vector Aerospace Africa, a StandardAero company located in Lanseria, Johannesburg, South Africa, has secured European Aviation Safety Agency (EASA) aircraft maintenance organization (AMO) certification for its engine

Boeing 737 MAX 7 completes successful first flight

Boeing's new 737 MAX 7 successfully completed its first flight today. The airplane remains on schedule and now begins a comprehensive flight test programme leading to certification and delivery in 2019.

IATA innovates dangerous goods handling

The International Air Transport Association (IATA) has launched an innovative new solution for the air cargo industry: Dangerous Goods AutoCheck (DG AutoCheck safety and improve efficiency in the transport of dangerous goods by air

Snake on a plane! Fake news says EgyptAir

EgyptAir has denied a news release that has been posted by several news websites stating finding a cobra snake aboard its flight to Kuwait today.

Lighting the way to safer solutions

Keith Mwanalushi speaks to Alexander Herring from ADB Safegate about the airfield and gate management projects that are modernising and lighting up African airports.

All change!

Its not often that an airline changes its entire fleet in one fell swoop, but EgyptAir Express plans to do precisely that as it seeks to overcome its operational challenges.

Aviation Africa SK18418
See us at
Global Aerospace BT010518Aviation Africa BT18418