IBOV 185,500.88 ▼ 0.91% IPSA 11,342.39 ▲ 1.09% IPC MEX 63,845.28 ▼ 0.12% MERVAL 3,084,547 ▼ 0.46% COLCAP 2,588.25 ▼ 0.06% BVL PERÚ 59,184.75 ▼ 0.92% USD/BRL5.14▲ 0.44% USD/MXN17.14▲ 1.11% USD/CLP959.00▲ 1.75% USD/COP3,106▲ 0.87% USD/PEN3.36▲ 0.11% USD/ARS1,508▼ 0.08% USD/UYU40.20▼ 0.15% USD/PYG5,985▲ 1.38% USD/BOB11.45▼ 4.42% USD/DOP58.60▼ 0.42% USD/CRC444.07▼ 0.78% USD/GTQ7.62▼ 0.07% USD/HNL26.85— 0.00% USD/NIO36.62— 0.00% USD/VES840.10▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▼ 0.08% EUR/BRL5.93▼ 0.28% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,500.88 ▼ 0.91% IPSA 11,342.39 ▲ 1.09% IPC MEX 63,845.28 ▼ 0.12% MERVAL 3,084,547 ▼ 0.46% COLCAP 2,588.25 ▼ 0.06% BVL PERÚ 59,184.75 ▼ 0.92% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Lusophone World Eastern Africa

Mozambique Airline Plans Fleet Expansion by 2027

By · September 29, 2023 · 2 min read

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Mozambique Airlines (LAM) aims to double its aircraft count to 22 by 2027, says the Operations Director.

Speaking in Inhambane, he revealed plans to add three more planes this year. The goal is to meet demand by resuming services and launching new routes.

Currently, LAM has nine aircraft. The plan is to increase this number to 12 by year’s end. “We intend to add 10 more by 2027,” he stated.

Last year, LAM restarted flights to Harare and Johannesburg. Moreover, a new service from Maputo to Lisbon will resume in November.

In addition, a new route from Maputo to Cape Town will also begin this year. The Operations Director shared another development.

Mozambique Airline Plans Fleet Expansion by 2027.
Mozambique Airline Plans Fleet Expansion by 2027.
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The airline has leased a Boeing 737 for cargo, specifically targeting South Africa. Another cargo plane will join within six months.

Theunis Crous, head of Fly Modern Ark, the managing company, disclosed a $15 million funding boost for LAM.

This will support the country’s airline’s growth strategy. Passenger numbers have risen to 57,000, up from a monthly average of 46,000.

This expansion follows years of challenges. Poor maintenance and a small fleet led to operational issues, including non-fatal incidents.

Background Mozambique Airline LAM

The expansion is a critical step for LAM. For years, the airline faced operational challenges. A limited fleet and lack of investment led to inefficiencies.

Now, with a clearer vision and funding, things look brighter. Introducing cargo services is especially promising.

Cargo transport tends to be a profitable avenue, offering a revenue buffer against fluctuating passenger numbers.

Leasing new planes is also strategic. It allows the airline to adjust its services based on demand.

Moreover, adding new routes to the service list will likely attract more customers. The increased passenger count already shows signs of a successful strategy.

Another point to consider is the external management by Fly Modern Ark. This could bring in fresh perspectives and effective management practices.

These developments could set the stage for LAM’s transformation into a more efficient and profitable entity.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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