Etiqueta: Mozambique Airlines
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Privatization or extinction of LAM returns to debate
The Mozambican flag carrier has accumulated losses of around US$350 million. The privatization or even extinction of Linhas Aéreas de Moçambique (LAM) was once again defended as the best solution to the situation of technical bankruptcy in which the flag company finds itself, which in recent years has accumulated losses worth around 22 billion of…
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Mozambique Promises to Restructure its National Airline
The Prime Minister of Mozambique, Adriano Maleiane, reaffirmed, this Thursday, November 3, in parliament, in Maputo, the Government’s commitment to find better strategies that restore the sustainability of the flagship airline, LAM – Linhas Aéreas de Moçambique. “The Government’s commitment is to continue the process of recovery in the State’s business sector, with greater focus…