Air Mauritius will again become a fully state-owned airline.
The Mauritian government’s Airport Holdings Ltd., the majority shareholder of the flag carrier will acquire the remaining voting shares of the airline.
The airline issued this statement:
On April 22, 2020, the board of directors previously made the decision to place the airline under voluntary administration after COVID-19-related disruptions made it impossible for the airline to meet its financial obligations. The pandemic has had a major impact on the revenue of flag carrier while it was seeking to change its business model to address existing financial problems.
Top Copyright Photo: Air Mauritius Airbus A350-941 3B-NBQ (msn 157) CDG (Jacques Guillem Collection). Image: 951615.
Air Mauritius aircraft slide show: