Royal Air Maroc receives $193.3 million government bailout
Kurt HofmannSeptember 23, 2011
Royal Air Maroc 737-800. By Rob Finlayson Morocco's government has offered Royal Air Maroc (RAM) 1.6 billion dirhams ($193.3 million) to shore up its finances hurt by growing competition, lower sales and higher fuel prices, Reuters reported. The funds are part of a 9.3 billion dirham package to...
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