The COVID-19 pandemic and its effects on air transport did not change the Angolan government's goals for TAAG Angola Airlines. The national airline is still expected to conclude its privatization process in 2022, as was announced this week to journalists by Angolan Transport Minister Ricardo d'Abreu in an event to celebrate the 44th anniversary of the ministry's foundation, reported Newsavia. This means the original plan under the local government's Propriv — the shorthand it uses for its Privatizations Program —…
In the previous article, we discussed privatization through public share issuance, with the example being British Airways. The airline was run by the government and through the issuance of public stock, the company was privatized and put in the hands of private shareholders. Next, we’ll look at another type of…
