Tuesday 27 November 2012

Morocco seeks airline partner from Gulf or beyond | Reuters

Morocco would rather pursue a strategic partnership for Royal Air Maroc, with an airline from one of the Gulf states or beyond, than sell a stake in its flag carrier, government ministers said late on Monday.

A government source last month said that partnership proposals included the sale of a minority stake to a leading Gulf airline.

"No decision has been taken yet, but my opinion is that it is better to do a partnership rather than sell a stake," Tourism Minister Lahcen Haddad said on the sidelines of a tourism conference in Rabat.

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