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Saturday 25 September 2021
HomeNewsTunisia: Ministry of Transport and Logistics plans austerity plan for TUNISAIR

Tunisia: Ministry of Transport and Logistics plans austerity plan for TUNISAIR

As part of the major reforms planned in the medium term (2021-2023) for the air transport sector, the line ministry intends to harmonize national legislation with international requirements, in particular those of the International Civil Aviation Organization (ICAO), and the development of a business plan for TUNISAIR for the period 2020-2024.

According to the Ministry’s document, the main lines of this business plan, which will be carried out by a private consulting firm and developed on the basis of a return in 2024 to the level of commercial activity in 2019, i.e. a number of 4.3 million travelers, are as follows

– Establishment of a network of scheduled flights based on commercial profitability.

– Acquisition of five Airbus A320neo aircraft between 2021 and 2023.

– The company will withdraw 7 to 11 aircraft older than 20 years by 2023.

– Implementation of an austerity plan affecting all cost centers in the company, including the rationalization of foreign representations.

It is worth recalling that the national carrier, which has not published its annual financial statements since 2017, has suffered a loss of 900 million dinars in turnover for the first nine months of this year because of the Coronavirus pandemic.

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