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LAM Mozambique Airlines and fastjet have entered into a Memorandum of Understanding to explore long-term commercial co-operation.
The MOU will see the two airlines exploring codeshare and interline agreements and optimised network synergies, as well as co-operation on other, commercial systems, cargo, engineering and maintenance.
“This is an exciting and industry-leading public-private partnership initiative,” says LAM CEO, Antonio Pinto. “It not only supports Mozambique’s greater economic growth objectives in terms of the efficient and affordable movement of people and goods, but also the notion of a longer-term Whole of State Aviation strategy.” He continues that “areas of co-operation will not only further strengthen Mozambique’s flag carrier as a regional air-services provider, but contribute significantly to initiatives that promote tourism, economic development and trade”.
This approach to commercial co-operation is the first of its kind on the African continent, says fastjet CEO, Nico Bezuidenhout. “There is significant opportunity in stimulating not only commercial aviation, but also up and downstream economic growth through key co-operative initiatives. Fastjet is committed to exploring and leveraging the agreement to the best benefit of both companies and, ultimately the people of Mozambique.” Commenting on whether or not the signing of the MOU would pave the way for fastjet to launch its own flights between South Africa and Mozambique in future, Bezuidenhout confirmed to Tourism Update that it was something the airline would consider if it made commercial sense.
The Memorandum lays the foundation for heightened economic leverage for the country, and feeds into the Government of Mozambique’s Whole of State aviation objects.
Source: tourismupdate.co.za