Qatar Airways to buy up to 49% of Royal Air Maroc
Qatar Airways will acquire between one-quarter and 49% of Royal Air Maroc (RAM), the Moroccan state airline, reported Jeune Afrique. The paper quoted Baker El Baker, CEO of Qatar Airways, as saying the purchase of a stake in the Moroccan flag flier comes after an initial business accord between the two carriers in May 2015.
The governments of Morocco and Qatar have also approved the purchase of up to 49% of RAM by Qatar Airways, the report said.
Jeune Afrique