By akademiotoelektronik, 03/02/2023

Air Madagascar: a loss of $ 70 million

Difficult situation for the national airline.The chairman of the board of directors of Air Madagascar, Mamy Rakotondraibe, revealed yesterday that this Malagasy state company "underwent a loss of around 70 million dollars before the health crisis", that is to sayBefore the discovery of the first cases of COVID-19 in the country in March 2020.The closure of Malagasy air spaces, the closure of borders to foreign travelers since that date have obviously not arranged things.

The media do not stop revealing this difficult situation in Air Madagascar.SUPPULTATIONS FEALL OF BONNING TO View the total silence of officials within the Company.He has, among other things, said that the company has very important difficulty compared to its fleet since it would only have one plane.Like the state corporation producing water and electricity (Jirama), this company was indeed judged as the real Achilles heel of the national economy.

In view of this situation, "the implementation of the recovery plan is necessary", recognizes Mamy Rakotondraibe.The objective is to ensure that the company becomes an active in the state, that it pays a dividend towards the state and not a charge as before.But how ?The question remains whole, given that the plan in question which should rest on several points like company management, fleet and technology management, should still be presented to the Council of Ministers.

The existence of this plan has already been revealed by the former Minister of Transport, Tourism and Meteorogology, Joël Randriamandranto, who was obviously difficult to manage the transport sector, later entrusted to the former Minister of Sports, Roberto Tinoka.When he took office, a few days after his appointment in August, this new Minister of Transport also said that he has a plan for the revival of the Malagasy airline.A plan that has not yet given birth.

Thus, this recent declaration of the Chairman of the Board of Directors of Air Madagascar is akin as a call for distress compared to the situation of the company.It is obviously up to the authorities of the country to straighten the situation or to proceed otherwise if they no longer want to take charge of this catastrophic situation within this state society.