Air Madagascar recovery plan

As Air Madagascar's business recovery plan is slow to be finalized, souls of good will initiate proposals to save it from a certain crash. Currently, the Air Madagascar fleet has only one plane left.

General Assembly

Monday 16 august would be – it a historic date for Air Madagascar ?

A General Meeting of its Board of Directors will be held. In addition to the usual agenda for such a meeting, such as the adoption of the income statements for the year ended 31 March 2020 and the auditor's report, many are waiting for other proposals at the end of this meeting. For example, the names of the candidates for the position of General Manager of Air Madagascar, vacant for months after Besoa Razafimaharo resigned in October 2019. To be submitted to the appreciation of the Council of Ministers. But it is also possible that this one decides and decides on this delicate case, before this confabulation of paramount importance.

Air Madagascar recovery business plan

Others want to know more about the Business recovery plan, whose development was entrusted to Bearing Point. “With expensive bills”, according to trade unionists contesting the possible layoff of part of the staff, or a significant reduction in wages in the event of maintenance. A restrictive measure, considered for a moment by the general management. But which was not applied, otherwise abandoned, due to a strong reluctance of the staff concerned by this massive reduction.

Suspended on relaunch

While waiting for everything to be put back in order in this impasse which seems to be hopeless, voices begin to be heard. Like those of the former executives of the national airline with whom they have a fraternal attachment. For them, "it is useless to look for noon at two o'clock. Air Madagascar has been one of the most successful groups through the diversification of its activities. Apart from air transport, its main vocation, the Group offered other services. Handling with MGH, you catering, du Duty free shop, insurance, hotel management with Sofitrans and a travel agency provided by Madagascar Airtours”.

This configuration presents itself with such simplicity that it seems to be easy to redraw. But its implementation remains dependent on the effective revival of tourism, suspended until the total reopening of air borders. In addition, Sofitrans has been undermined by the new airport provisions. By the incursion of Ravinala Airports.

Suggestions from the specialists

In these conditions, these civil aeronautics specialists suggest two options :

• " Firstly, the financial arms of the state that are Sonapar, The Relatives, Car, Aro, take part in certain refinancing operations”.
• « Et, on the other hand that Tsaradia has its own Air Transport Certificate, CTA ».

Car, according to them, "Air Madagascar's debts reach such a proportion that it would be necessary to pass, initially with Tsaradia, and conduct negotiations with Air Madagascar creditors”. The idea of ​​including Adema in this scheme, with the management of Ivato and Nosy Be airports, would also be in the air.

By #CocoLodgeMajunga

Coco Lodge Majunga empathizes with the company and wishes him to be able to get up soon !

We are both :

• One hôtel★★★ with 18 spacious comfortable rooms,
• One gourmet restaurant with a beautiful wine cellar, whiskies, rums and champagnes with a capacity of 60 Covered, offering Malagasy cuisine, French, Lebanese and seafood specialties,
• Un bar piscine with cocktails, "tsakitsaky", pancakes and waffles available at all hours,
• One organizer of events and conferences with 3 meeting rooms that can accommodate up to 90 people. In addition, we can receive themed lunch/dinner, engagement, wedding, anniversary, … Even a bachelor/bachelorette party, or a marriage proposal, …
• A travel and tourism services company (License C),
• One tour operator (B license),
• A 4×4 rental company and quads (all geo-located with valid liability insurance) and with graduate drivers guide. They can insure your transfers in all Madagascar. For example from Antananarivo airport to Majunga, but also from Nosy Be to Majunga.

(Source : Madagascar Express)