Angola’s TAAG Needs Major Restructure, Privatization, CEO Says

TAAG
TAAG is currently taking deliveries of De Havilland Canada Dash 8-400s.
Credit: De Havilland Canada
BOSTON—TAAG Angola Airlines must undergo a major restructuring and reduce its workforce by a third to stay viable as demand remains in the doldrums, its CEO has indicated. Based in Luanda, the Angolan flag-carrier is faced with a high cost structure related to high fuel prices, taxes, and airport...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

Subscription Required

 

Angola’s TAAG Needs Major Restructure, Privatization, CEO Says is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.