September 12, 2022 at 9:35 am
TAAG says in a statement that the agreement creates “conditions for cooperation in the supply of aircraft in the future” and updates some premises of the Memorandum of Understanding signed between the parties.
This agreement, according to the national airline, “meets TAAG’s interests in obtaining a more favorable price adjustment for services and in line with the current context of the international commercial aviation market”.
According to TAAG, the debt was generated mainly during the pandemic phase, “which affected the activity of airlines globally and aggravated the debt to suppliers”.
TAAG’s fleet comprises six Dash 8-Q 400s, seven Boeing 737-700s, three Boeing 777-200s and five Boeing 777-300s.
In July, the national flag carrier announced that it would add six A220-300s to its fleet to reinforce operations on medium-haul routes, from 2023 to 2024, through a leasing contract – ALC (Air Lease Corporation ), with five expected to arrive in the 1st half of next year, which, according to TAAG, will allow greater regional operation at the same time as the opening of the new Luanda airport, Agostinho Neto, scheduled to open in 2024.
At the time, no details were revealed about this deal, including the total investment by the State, which still holds 100% of the company’s capital but which will cease to be so soon if the plan for its privatization is carried out, initially in a partial way.