Airport Holdings Ltd. to acquire all remaining shares of Air Mauritius

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"Pieter Both", the second Air Mauritius Airbus A350-900 - Best Seller

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.

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Top Copyright Photo: Air Mauritius Airbus A350-941 3B-NBQ (msn 157) CDG (Jacques Guillem Collection). Image: 951615.

Air Mauritius aircraft slide show:

Source: https://worldairlinenews.com/2021/10/24/airport-holdings-ltd-to-acquire-all-remaining-shares-of-air-mauritius/

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