Morocco may sell airline stake to Gulf

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Morocco aims to treble tourism by partnering with a gulf airline to drive access from currently untapped tourist markets in China, India, and Latin America.

Morocco, looking to boost tourism and without the financial clout to buy aircraft that can bring holidaymakers from around the world, may sell a stake in Royal Air Maroc to a major Gulf Arab airline.

Royal Air Maroc currently has a fleet of 40 medium and long-haul aircraft. Photo by Olivier Cabaret.

A government source said a proposal for a partnership with flag carrier RAM will be made during a tour by King Mohammad to Jordan, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates that starts on Tuesday.

“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 a 44 per cent stake in RAM to the selected partner,” the source told Reuters on Monday.

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Morocco looks to sell stake in national carrier, Royal Air Maroc

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First read is on us.

Morocco looks to sell stake in national carrier, Royal Air Maroc

Skift Take

Up Next

How Airlines are Redefining Premium Travel with Customizable and Personalized Experiences

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Bali Won't Go Ahead With Hotel Building Ban

First read is on us.Subscribe to read more essential travel industry news.

First read is on us.
Subscribe to read more essential travel industry news.