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Publication director: Mohamed Khartouf
Tourism

Royal Air Maroc seeks “strategic partners”

Royal Air Maroc (RAM) is working on a new program contract. The planned contractual framework, the date of signature of which with the State is not yet known, should raise several issues, in particular the financing of the national company’s investment program and coordination between the various stakeholders to guarantee coherence of sectoral strategies and operator plans (Tourism Department, regions, ONDA, ONMT, etc.). According to the report on the EEP accompanying the draft 2019 Budget, RAM is thus called upon to put in place “innovative solutions” to secure the financing of its development plan by ensuring optimal growth through quasi-capital resources or openness to partnerships with “strategic” operators.

For 2019, the national air carrier plans to invest 8.15 billion dirhams.    

source: lematin.ma

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