The Algerian Government has given national carrier, Air Algèrie (AH), in whom it is 100% shareholder, the green light to proceed with the acquisition of 16 new aircraft in a bid to bolster the airline's long term viability and therefore, profitability. However, until such time that Air Algèrie is capable of holding its own, the Government has deferred both the liberalization of the local aviation industry and the possibility of an Open Skies treaty, without completely excluding them in the future.
Showing posts with label Conseil des Participations de l'Etat. Show all posts
Showing posts with label Conseil des Participations de l'Etat. Show all posts
Tuesday, February 5, 2013
► ALGERIA: Government gives Air Algérie greenlight to proceed with fleet renewal plans but remains hesitant about deregulation, Open Skies.
The Algerian Government has given national carrier, Air Algèrie (AH), in whom it is 100% shareholder, the green light to proceed with the acquisition of 16 new aircraft in a bid to bolster the airline's long term viability and therefore, profitability. However, until such time that Air Algèrie is capable of holding its own, the Government has deferred both the liberalization of the local aviation industry and the possibility of an Open Skies treaty, without completely excluding them in the future.
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