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MAP - Casablanca: Laila Benhalima et Khadija El Fahli exposent leurs œuvres
Casablanca - 8 mars 2021 - (MAP) -Les artistes Laila Benhalima et Khadija El Fahli exposent, jusqu'au 30 mars courant...
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NNA - WLC celebrates Lebanese women, calls them on to achieve more progress in shaping Lebanon’s future
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MAP - Khadija Naamouni, la scientifique passionnée par l'anthropologie
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وجاء في التقرير: (مراجعة الصورة البيانية)
MAP - Morocco Highlights in Panama Africa's Contribution to Francophone Sphere
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MAP - MAP Honors Female Staff on International Women's Day
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Lusa - Business News - Cabo Verde: Cabo Verde Connect with flights to/from Portugal suspended until end of April
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Lusa - Business News - Angola: TAAG restructuring plan costs €700M




Luanda, Feb.22,2021(Lusa)- The plan to restructure and recapitalise Angolan airline TAAG has cost the state about US$700 million (€577 million), transport minister Ricardo Viegas Abreu said on Monday.

The minister, who was speaking at the opening of the Angola Aeronautic e-Summit, said that the government "committed" to keep the flagship company to provide a public service, and for economic reasons, to promote the diversification of the Angolan economy, despite the additional constraints of Covid-19.

"In this effort, TAAG deserved the government's support to acquire six Dash-8 Q400 aircraft, three of which have arrived in the country, as well as in the approval and implementation of its restructuring and recapitalisation plan, which represented a financial effort of approximately US$700 million for the country," the minister noted.

Abreu said he was convinced, given the impact of the pandemic on airlines, that support for TAAG would continue, "especially when we see other sister countries in the region giving up or abandoning that vision," which in his opinion may create a "material opportunity to look at other dimensions" for the Angolan airline.

The minister left some messages about his vision for what he expects from the company, whose privatisation process he plans to begin in 2022: "in this sector, which is so demanding, so competitive, so specialised, there is no room for those who do not commit to wearing the jersey, there is no room for poor management of resources, there is no room for those who do not believe in the reason for existing of quality service to people, companies and the country.

During his speech, the minister also spoke about the actions that the government has implemented, including the transformation of TAAG into a public limited company, to allow the integration of candidates for the privatisation process and the spin-off of the National Company for Airport Exploration and Air Navigation (ENANA) into the National Air Navigation Company (ENNA), focused on the safety priorities of air navigation and the National Airport Management Company (SGA) specialised in managing airport infrastructures.

The Angola Aeronautic e-Summit is an initiative of the Angolan Ministry of Transport in partnership with Angola iTech, which aims to discuss the challenges and opportunities for the country's aeronautical future.

RCR/ADB // ADB.

Lusa


Agency : LUSA

Date : 2021-02-23 11:14:00







 

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