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After Atlas Blue foundation, the African state will have a second low-cost carrier

Rabat, Morocco - The new airline will be owned by German TUI and Moroccan businessmen

The second Moroccan low-cost carrier, after Atlas Blue, is expected to start operating next March. Its capital budget, worth about EUR 5.5m, will be owned by German TUI for a 40% stake and the remaining 60% share will be get by a group of businessmen from the North African country. Project promoter’s forecasts regard the transport of 180,000 passengers during the first year growing up to 900,000 i...

AVIONEWS - World Aeronautical Press Agency - 133956

AVIONEWS - World Aeronautical Press Agency
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