Morocco to expand national carrier RAM in tourism sector boost
Morocco's national airline Royal Air Maroc (RAM) intends to quadruple its air fleet by the end of the next decade, in order to support the development of the tourism sector, under the terms of a program contract signed on Tuesday with the government.
"RAM will quadruple its fleet from the current 50 aircraft to 200 over the next 15 years," according to a press release from the office of the head of government, Aziz Akhannouch.
Mr. Akhannouch and the CEO of Royal Air Maroc (RAM), Hamid Addou, signed an investment program contract in Rabat on Tuesday to meet the tourism development plan, which aims to attract 65 million visitors by 2037. This represents around six times as many visitors as today.
To this end, the State's stake in RAM will be increased "as part of the government's support for the company's investment project (...), the implementation of its development plan, support for its competitiveness and the digitization and improvement of the quality of its services", says the press release.
Source: Africa News