44% Stake in Royal Air Maroc May be Sold to Gulf Airlines

Reuters16.10.2012 Aviation & Space
44% Stake in Royal Air Maroc May be Sold to Gulf Airlines

44% Stake in Royal Air Maroc May be Sold to Gulf Airlines

Facebook icon
Twitter icon
LinkedIn icon
Google icon
e-mail icon
Morocco will offer to sell a 44% stake in its flag carrier Royal Air Maroc (RAM) to major Gulf airlines, an official source said Monday.

The proposal will be made during a rare tour by HRH King Mohammed of Morocco to Saudi Arabia, Qatar, the UAE, Kuwait and Jordan that starts today.

“We will listen to their (Gulf airlines) ideas about how they see this partnership... For our part, we may propose the sale of up to 44 % stake in RAM to the selected partner," the source told Reuters.

 

Source: Reuters: Airplane Pictures

 



 
 
 
 

Latest events