Air Mauritius has exited voluntary administration and is increasing capacity in anticipation for increased demand and arrivals at the Island destination. The island begins the final phase of its border reopening program today 1st October 2021
The government of the Republic of Mauritius is injecting US$280million into Air Mauritius via a loan to provide long term stability for the company as international air travel and tourism rebuilds following the Covid-19 pandemic.
Air Mauritius is a strategic national asset central to the government’s tourism and investment strategy and provides Mauritius with its own passenger and cargo connectivity to meet market demands. The new loan arrangement was reportedly overwhelmingly supported by Air Mauritius’ creditors during a watershed Meeting held on 28 September
Ken Arian, CEO of Airports Holdings Limited, the parent company of Air Mauritius said:
“This new financial arrangement provides Air Mauritius with the stability to rebuild and play a central role in the government’s economic development and tourism plans. It is a vote of confidence in our staff and provides them and our tourism industry with reassurance for the future. Air Mauritius is an iconic global brand and will continue to provide short and long-haul passenger and cargo connectivity to some of our most important global markets.”
The airline is looking to reshape its self after a difficult time during the pandemic where the airline entered into voluntary administration
As part of the new structure, the network fleet has been consolidated from 15 aircraft to 9 aircraft – 4 x A350-900 and 2 x A330-900neo wide-bodied fleet. The remaining 3 aircraft are ATR72-500 to service domestic and regional routes. Air Mauritius now has one of the youngest widebody fleets in the world.
