Air Madagascar launches domestic subsidiary Tsaradia

Air Madagascar said it launched its new domestic subsidiary, Tsaradia, July 2, pushing ahead with a key part of the turnaround plan it is undertaking with strategic partner Air Austral. Tsaradia has a fleet of 4 ATR 72s and 3 DHT Twin Otters and will fly to 10 destinations from its hub in the Madagascan capital of Antananarivo. Earlier this year, Air Madagascar and Air Austral set out plans to align their fleets, jointly developing their Saint Denis de la Reunion and Antananarivo hubs and boosting their long-haul and domestic networks as part of a major plan to be the leading player in the Indian Ocean. That followed a strategic partnership deal La Reunion-based Air Austral closed with Air Madagascar in Nov 2017 that saw it take a 49% stake. <br/>