{"id":37404,"date":"2023-04-23T11:45:11","date_gmt":"2023-04-23T11:45:11","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over"},"modified":"2023-04-23T12:14:58","modified_gmt":"2023-04-23T12:14:58","slug":"mozambique-new-management-of-lam-takes-over","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over","title":{"rendered":"Mozambique: New management of LAM takes over"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The international commission headed by the South African company \u201cFly Modern Ark\u201d, chosen by the Mozambican government to help revive Mozambique Airlines (LAM), is formally beginning its work on Tuesday.<\/p>\n

Transport Minister Mateus Magala presented the team last Thursday to the current managers of LAM, who will work together with \u201cFly Modern Ark\u201d for six months or a year.<\/p>\n

Cited in Tuesday\u2019s issue of the Maputo daily \u201cNoticias\u201d, Magala said that as yet there is no specific number of aircraft that \u201cFly Modern Ark\u201d will allocate to its operations in Mozambique. All will depend on its assessment of LAM\u2019s needs and capacities.<\/p>\n

Magala believed that, once the team was on the ground, it would be easy to determine the resources needed.<\/p>\n

He said that one of the purposes of the new rehabilitation strategy for the national airline is to reduce its fares.<\/p>\n

\u201cGenerally, the reduction of fares is a function of economies of scale and efficiency\u201d, he added. \u201cCertainly this has to be linked to good management within a favourable civil aviation regulatory environment. We intend to achieve this quickly so that passengers can benefit from greater access to our LAM\u201d.<\/p>\n

The South African company will bring its own planes and equipment to help improve the management of LAM, which is effectively bankrupt.<\/p>\n

According to Magala, the decision to put LAM under new management follows an assessment carried out last year, with the support of the World Bank.<\/p>\n

Privatisation of LAM was ruled out, largely because of its debt burden of around 300 million dollars. Instead, the government has opted to bring a private company into the management of LAM, but without compromising its essence as a public company.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The international commission headed by the South African company \u201cFly Modern Ark\u201d, chosen by the Mozambican government to help revive Mozambique Airlines (LAM), is formally beginning its work on Tuesday. Transport Minister Mateus Magala presented the team last Thursday to the current managers of LAM, who will work together with \u201cFly Modern […]<\/p>\n","protected":false},"author":84,"featured_media":37403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-37404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique: New management of LAM takes over - Mozambique<\/title>\n<meta name=\"description\" content=\"The international commission headed by the South African company \u201cFly Modern Ark\u201d, chosen by the Mozambican government t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique: New management of LAM takes over\" \/>\n<meta property=\"og:description\" content=\"The international commission headed by the South African company \u201cFly Modern Ark\u201d, chosen by the Mozambican government t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-23T11:45:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-23T12:14:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682234138.30.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique: New management of LAM takes over\",\"datePublished\":\"2023-04-23T11:45:11+00:00\",\"dateModified\":\"2023-04-23T12:14:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\"},\"wordCount\":299,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682234138.30.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-new-management-of-lam-takes-over\",\"name\":\"Mozambique: New management of LAM takes over - 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