Air Algérie boosts its cargo operations and considers suspending “major” investments
The national carrier, whose business has been virtually at a standstill for several weeks, is stepping up efforts to tap into its last remaining sources of revenue.
23/04/2020 at 17h52, by Africa Business+
“If the crisis continues, we’ll have to suspend major investments planned for the 2020-2021 financial year”, a source from Air Algérie told Jeune Afrique Business+.
Recommended articles
Air transport
07/07/2022 at 16h44, by Africa Business+
Algerian solar plan: deadline postponed, international arbitration clause — what is changing?
Part IV of the tender documentation for the Solar 1,000 MW programme is still unknown, but several other...
Industry
10/07/2020 at 06h28, by Africa Business+
The spectre of liquidation looms large at KouGC
Despite the arrival of an administrator, the recovery plan to avoid bankruptcy at the Kouninef family...
Air transport
14/05/2020 at 18h11, by Pierre-Olivier Rouaud
Air France: no major plan in place for the resumption of flights to Africa
The airline, which is dependent on severe restrictions on the opening of airspace, is operating only...