Business Headlines Morocco

Royal Air Maroc posts record profits despite massive fleet investments

State-owned Royal Air Maroc (RAM) closed last year with record profits exceeding 2 billion Moroccan dirhams (about $212 million), up nearly 154% year-on-year, even as it sharply increased investments to expand its fleet. Revenues rose 8% to 21.5 billion dirhams, according to a state companies report attached to Morocco’s 2027 budget bill. The results came […]