BOSTON—TAAG Angola Airlines must undergo a major restructuring and reduce its workforce by a third to stay viable as demand remains in the doldrums, its CEO has indicated. Based in Luanda, the Angolan flag-carrier is faced with a high cost structure related to high fuel prices, taxes, and airport...
Subscription Required
Angola’s TAAG Needs Major Restructure, Privatization, CEO Says is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.