Royal Air Maroc to receive a $193 million government bailout, will phase out the Airbus A321s and Boeing 737-500s

Royal Air Maroc (RAM) (Casablanca) will receive a $193 million government bailout to help restructure the company. The airline will cut 30 percent of its workforce and phase out its four Airbus A321s and five Boeing 737-500s.

Read the full report from Reuters: CLICK HERE

Royal Air Maroc Slide Show: CLICK HERE

Copyright Photo: Pepscl.