MADAGASCAR AIRLINES : Towards a return to financial balance

Malagasy state, With the support of the International Monetary Fund (IMF) and the World Bank, launches ambitious reforms to straighten Madagascar Airlines. The goal is to achieve financial viability by the end of the year 2025. We are talking about a plan for rationalization and modernization of infrastructure.

An encouraged forecast for Madagascar Airlines

As part of negotiations with the IMF, The Malagasy state has presented a promising objective for Madagascar Airlines. According to the memorandum of economic and financial policy (MPEF), The national airline should reach financial balance by the end 2025. This forecast follows a series of reforms undertaken since the resumption of activities of Air Madagascar and its subsidiary Tsaradia.

Among these reforms, Madagascar Airlines has undertaken a rationalization of its fleet and refocused its activities mainly on domestic transport. These measures are accompanied by digitalization efforts to improve productivity while reducing operational costs. The MPEF also underlines that a loan of 25 million dollars was granted by the World Bank to support the restructuring of the company. This with an additional loan of 35 million dollars in preparation for upcoming investments.

State support : A lever for Madagascar Airlines

The Malagasy state plays a key role in the recovery of Madagascar Airlines. He reaffirms his commitment to posting the company on the path of financial viability. In addition to the internal rationalization of Madagascar Airlines, The state has a global support program with the World Bank. This program not only includes the development of Madagascar Airlines, but also the modernization of the country's airport infrastructure.

The Ministry of Transport has announced that a program to modernize airport infrastructure will soon be finalized. This program aims to improve air transport conditions and support the recovery of the Malagasy airline.

Positive perspectives for the future of Madagascar Airlines

Despite the challenges that remain, The recovery of Madagascar Airlines seems to follow a positive trajectory. Thanks to internal reforms and cooperation with international donors, The company's financial future seems promising. This with a financial balance provided for 2025.

Source : 2424.mg

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