Indian Ocean Archives - Airspace Africa https://airspace-africa.com/tag/indian-ocean/ Latest news and insights from the aviation and travel industry in Africa Fri, 27 Jan 2023 10:54:04 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://airspace-africa.com/wp-content/uploads/2021/05/cropped-African-Airspace-Logo-Favicon-01-32x32.png Indian Ocean Archives - Airspace Africa https://airspace-africa.com/tag/indian-ocean/ 32 32 Air Austral Restructuring Plan Approved: Company Set for Partial Privatization and New Shareholder Takeover https://airspace-africa.com/2023/01/27/air-austral-restructuring-plan-approved-company-set-for-partial-privatization-and-new-shareholder-takeover/?utm_source=rss&utm_medium=rss&utm_campaign=air-austral-restructuring-plan-approved-company-set-for-partial-privatization-and-new-shareholder-takeover https://airspace-africa.com/2023/01/27/air-austral-restructuring-plan-approved-company-set-for-partial-privatization-and-new-shareholder-takeover/#respond Fri, 27 Jan 2023 10:54:04 +0000 https://airspace-africa.com/?p=8938 Air Austral, the Reunionese airline, has received approval for its restructuring plan from the commercial court of Saint-Denis. The plan, which includes a recapitalization of its shareholder Sematra and the takeover of private shareholders, was given the green light on January 15th, 2023. The company had previously received approval from the European Commission for public [...]

The post Air Austral Restructuring Plan Approved: Company Set for Partial Privatization and New Shareholder Takeover appeared first on Airspace Africa.

]]> https://airspace-africa.com/2023/01/27/air-austral-restructuring-plan-approved-company-set-for-partial-privatization-and-new-shareholder-takeover/feed/ 0