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.
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.
Subscribe to Skift Pro
Subscribe to Skift Pro to get unlimited access to stories like these ($30/month)Subscribe Now