A Management Concession Agreement was recently inked between Emirates and the Republic of Angola, in its capacity as a majority shareholder of TAAG Linhas Aéreas De Angola. The partnership though awaiting necessary government approvals will further explore commercial opportunities in Africa and beyond.
The 10 year agreement was signed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive, Emirates Airline Group and HE Augusto da Silva Tomás, minister of transport for Government of Angola.
Emirates will implement a business plan, aligning management support and devise route and network strategies for the Angolan government and TAAG Linhas Aéreas De Angola. While TAAG will explore business opportunities with dnata. The Gulf carrier will appoint four senior managers to work for TAAG Linhas Aéreas De Angola. The other areas of co-operation will include bilateral code-sharing on cargo and passenger services.