The airline, Qatar Airways, is in the midst of negotiations to enter the capital of Royal Air Maroc (RAM).
After the strategic commercial partnership agreement, signed in May 2015 between the two companies, which allows an extension of the networks of the two operators to Africa and Asia, Qatar Airways is currently in talks to take a stake, more or less important, in the capital of the Moroccan airline.
According to internal sources of the group, negotiations are continuing so that the stake of the airline company, Qatar Airways, is effective in RAM. The same source said that the company’s objective is to improve the fleet of Royal air Maroc and to densify its network. For the time being, no details have been given on the share that the Qatari group intends to take within the Moroccan company.
In a recent interview, managing director Akbar Al Baker announced a target of 25 to 49 percent of RAM’s capital. At the time, he indicated that this acquisition would require a major redevelopment at their base in Casablanca. Africa currently needs a major airport hub, he added.
However, negotiations are very thorough on the side of RwandAir, where the group has clearly displayed its intentions to take a 49% stake in the capital of this African company. The news of his entry into the Rwandan company was confirmed by the CEO of Qatar Airways, Akbar Al Baker, yesterday, February 5 in Doha.