BA to sell 10.5 percent stake in Air Mauritius
BA has held a 10.5 percent share in Air Mauritius since 1973. "Our investment in Air Mauritius no longer forms a core part of our business strategy," said Robbie Baird, BA's area general manager Asia Pacific and the airlines representative on the Air Mauritius board.
"We invested in the airline when it was a start-up airline. It is now a successful carrier, operating to the highest standards and no longer requires our involvement and support."
Completion of the sale is expected within the next month.