TUNIS AIR REVENUE DIPS DUE TO CORONAVIRUS

TUNIS AIR REVENUE DIPS DUE TO CORONAVIRUS

Revenue for Tunisian national airline Tunisair has dropped by US$140million in the last few months due to the COVID19 pandemic.

Addressing a committee on Administrative Reform, Good Governance, Fight Against Corruption and Control of Public Financial Management, Tunisian Minister of Transport and Logistics Anouar Maarouf said: “These losses do not include aircraft maintenance costs and the government had no plans of privatising the airline.”

The hearing comes against the background of the sacking of Elyes Mnakbi as Chief Executive Officer of Tunisair, who challenged his dismissal by the Minister.

In an interview in March, Mnakabi said the airline was expected to lose an estimated US$25 million in March and another US$28 million in April due to the COVID19.  At the time Tunisair announced travel restrictions to a number of its major routes in North Africa and Europe.

It’s almost 100 days since air travel was suspended and during this time the airline has performed a number of medical cargo and repatriation flights.

#TunisAir #JustAfricanAviation

Copyright 2020 Just African Aviation Pty Ltd, Permission to use quotations from this article is granted subject to appropriate credit being given to www.justafricanaviation.com as the source.

Leave a Reply

Your email address will not be published. Required fields are marked *