TAAG Angola Airlines expects another challenging year
South Africa-based TAAG Angola Airlines continues to struggle in a difficult operating environment in Africa, CCO William Boulter said. “Angola is very much tied to the oil industry. For TAAG, the biggest single issue is the lack of foreign exchange in investment,” he said. Because of its financial situation, Boulter said TAAG is not able perform necessary passenger cabin upgrades. The carrier’s three 10-year-old Boeing 777-200ERs would need such a cabin upgrade, he said. “We still do not have the money. Cost reductions will continue.” However, Boulter said TAAG’s two latest brand-new 777-300ERs—which operate on the flagship route to Portugal—have enabled the carrier to win market share from TAP Portugal. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-14/unaligned/taag-angola-airlines-expects-another-challenging-year
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TAAG Angola Airlines expects another challenging year
South Africa-based TAAG Angola Airlines continues to struggle in a difficult operating environment in Africa, CCO William Boulter said. “Angola is very much tied to the oil industry. For TAAG, the biggest single issue is the lack of foreign exchange in investment,” he said. Because of its financial situation, Boulter said TAAG is not able perform necessary passenger cabin upgrades. The carrier’s three 10-year-old Boeing 777-200ERs would need such a cabin upgrade, he said. “We still do not have the money. Cost reductions will continue.” However, Boulter said TAAG’s two latest brand-new 777-300ERs—which operate on the flagship route to Portugal—have enabled the carrier to win market share from TAP Portugal. <br/>
