Société Nationale Malgache de Transports Aériens, operating as Air Madagascar, is the national airline of Madagascar. Founded in 1961, the carrier is based at Ivato International Airport, Antananarivo and operates an extensive domestic network as well as scheduled international services to Europe, Asia and neighbouring African and Indian Ocean island destinations. Over recent years the airline has been a subject of failed privatisation measures. However on 09-Oct-2017, Air Austral and Air Madagascar signed a strategic partnership agreement, formalising the terms and conditions of the acquisition of a 49% stake in Air Madagascar by Air Austral. Madagascar's Government retained a 51% stake and appoint the airline's chairman, while Air Austral will propose a CEO. Air Austral invested USD40 million in Air Madagascar and provide technical and operational expertise. The shareholder agreement was signed on 30-Nov-2017.
CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.Become a CAPA Member
Our full profiles are only available to CAPA Members. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success.
It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click.
- 5000+ airports
- 3000+ airlines
- 1600+ suppliers
- 800+ airport investors
- 250+ countries/territories and regions
- And more
CAPA Membership also gives you access to a customised selection of more than 1,000 global News Briefs every week, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including Route Maps, Fleet Data and more.