Air Mauritius lost $27mn, prime minister alleges theft

Air Mauritius incurred losses of MUR1.22b Mauritian rupees (US$27m) resulting from aircraft sales between 2017 and 2021, according to the Indian Ocean island's Prime Minister Navin Ramgoolam, who declared that funds "were stolen" from the airline and has vowed to investigate and prosecute those responsible. The prime minister was responding in the National Assembly on April 15 to a question from member of parliament Manoj Seeburn regarding losses from aircraft sales and capital injected into the airline in the decade between December 2014 and December 2024. As reported by the Mauritian French-language daily L'Express, Ramgoolam disclosed that Air Mauritius had recorded a profit of MUR359.2m (US$8m) in 2013-2014 but suffered cumulative losses of MUR7.72b (US$171m) between 2015 and 2024. Story has details.<br/>