Mozambique’s Ministry of Finance has revealed that Aeroportos de Mozambique and the national airline LAM (Linhas Aéreas de Moçambique) together account for nearly $400 million in public debt, representing approximately half of the total liabilities held by Mozambique’s State Business Sector.
Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…
LAM – Linhas Aéreas de Moçambique, the national airline of Mozambique, has been suspended from the International Air Transport Association (IATA) Clearing House (ICH), a key global billing and settlement service for airlines.
