Tunisair’s outlook brightens amid restructuring exercise
Despite recent setbacks, Tunisair remains cautiously optimistic about fleet expansion and passenger growth, as a near double-digit improvement in passenger numbers last year and a new govt restructuring plan set for implementation in 2019 have improved its operating outlook. “The market is recovering and further progress is expected in the coming years. We estimate that in 2019, we will reach a target of 4m passengers,” Tunisair CE Ilyes Mnakbi said. Management sees product diversification, especially through the launch of new routes into Africa, as vital to improving the airline’s overall outlook. “The…main focus in its strategic plan is to multiply flight frequencies from Tunis Carthage, expand the African network, develop long-haul flights by adding more frequencies to Montreal, and [launch] the New York route,” he said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-02-19/unaligned/tunisair2019s-outlook-brightens-amid-restructuring-exercise
https://portal.staralliance.com/cms/logo.png
Tunisair’s outlook brightens amid restructuring exercise
Despite recent setbacks, Tunisair remains cautiously optimistic about fleet expansion and passenger growth, as a near double-digit improvement in passenger numbers last year and a new govt restructuring plan set for implementation in 2019 have improved its operating outlook. “The market is recovering and further progress is expected in the coming years. We estimate that in 2019, we will reach a target of 4m passengers,” Tunisair CE Ilyes Mnakbi said. Management sees product diversification, especially through the launch of new routes into Africa, as vital to improving the airline’s overall outlook. “The…main focus in its strategic plan is to multiply flight frequencies from Tunis Carthage, expand the African network, develop long-haul flights by adding more frequencies to Montreal, and [launch] the New York route,” he said. <br/>
