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...

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