US EditionAir Algérie Acquires Tassili Airlines as Sonatrach Exits Aviation Sector - The Maghreb Times !
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Air Algérie Acquires Tassili Airlines as Sonatrach Exits Aviation Sector - The Maghreb Times !
Air Algérie is expanding its operations by acquiring its subsidiary, Tassili Airlines, to establish a dedicated domestic air transport division. This move marks Sonatrach’s complete withdrawal from the aviation industry. In a statement released on Thursday, Air Algérie announced the signing of a memorandum of understanding with Sonatrach Holding for External and Support Activities, facilitating the “transfer of ownership of Tassili Airlines to A…
The transfer of ownership of the national airline Tassili Airlines (TA) – which belongs to the Sonatrach holding group External Activities and Support (under Sonatrach) – to Air Algérie will soon be effective following the signing of a document, Thursday in Algiers, between the two parties. According to a press release from Air Algérie, the sale of Tassili Airlines was confirmed at the headquarters of the Ministry of Transport by the CEO of the …
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