Sipromad seeks to reboot GS Airlines
Halted in its tracks in March 2020 just three months after its launch by Covid-19, Ylias Akbaraly's GS Airlines is preparing for a fresh start.
Madagascar's national airline has three main planes and only one is working.
The involvement of the extremely well-connected Services et transports aériens in the transporting of 73.5 kg of gold to South Africa has embarrassed the Madagascan government, which has asked its civil aviation authority to shut down the airline.
Now that Madagascar's national social insurance fund has taken over Air Austral's stake in Air Madagascar, the national airline is preparing to appoint a new chief executive to bolster its freight activities and establish a partnership with Ethiopian Airlines.