The Minister of Transport and Logistics, João Matlombe, visited Linhas Aéreas de Moçambique on Friday 7 February to see how the airline was operating and its current status, the newspaper O Paísreported .
During his visit, Matlombe met with the management and conveyed a message of encouragement, reaffirming the government’s commitment to restructuring the company.
According to a note posted on the airline’s social media page, the minister spoke of the importance of modernisation and operational efficiency in order to guarantee the airline’s sustainability.
‘LAM plays a crucial role in Mozambican aviation, and the government is committed to supporting its financial and operational recovery,’ he said.
During the visit, the minister listened to the company’s concerns and operational challenges.
Empresa Moçambicana de Seguros (Emose), Hidroeléctrica de Cahora Bassa (HCB) and Caminhos de Ferro de Moçambique (CFM), companies in which the state has a stake, are expected to soon evaluate the proposal to acquire 91 per cent of the state’s financial shares in Mozambique Airlines (LAM).
The information was provided by the government spokesman and also Minister of State Administration and Civil Service, Inocêncio Impissa, at a press conference during which he announced the latest developments on the operation to sell 91 per cent of the state’s shares in LAM.
According to the minister, quoted by Agência de Informação de Moçambique, the companies authorised to acquire the state’s stake in LAM will have to assess their acquisition conditions and approve the financing models for the purchase.
‘In this case, the companies have the opportunity to analyse the business proposal, have their experts analyse the various scenarios, examine the study carried out and decide on the deal,’ said Impissa.
