Business Europe Headlines International Morocco

Moroccan airline to open-up Marrakech for foreign tourists

hMoroccan airline RAM said it will launch four new routes linking Marrakech to European cities in a bid to help the company and the city recover from the coronavirus impact. RAM chief Abdelhamid Addou said the decision was taken following a meeting with tourism minister Nadia Fettah Alaoui and head of the national tourism promotion […]

Business Headlines Morocco

Tough times ahead for Morocco’s RAM airlines

Like other airlines across the globe, the coronavirus pandemic has disrupted the plans of Moroccan airline plans for regional expansion pushing it to cut staff, axe routes and adopt painful austerity measures. The company plans to lay off 750 employees including 150 pilots, in a move that is met with fierce resistance from unions. The […]

Finance Headlines Morocco

Morocco earmarks $623 bln in aid to RAM

Morocco’s Royal Air Maroc, which has been hit hard by the coronavirus pandemic, will receive 6 billion dirhams (623 million dollars) from the government as part of a bailout plan. Speaking to members of the Upper House, Finance Minister Mohamed Benchaaboun said that the aid is part of state assistance to public enterprises in disarray […]

Business Headlines Morocco

Morocco’s RAM to cut jobs and routes due to coronavirus crisis

Morocco’s flag carrier RAM saw its revenues drop to zero because of a domestic and international flight ban following the coronavirus outbreak leaving the company struggling to pay salaries and expenses. The company has requested state aid and plans layoffs as well as canceling some routes it has opened recently, Moroccan media reported, noting that […]

Business Headlines Morocco

Covid-19 costs five major Moroccan public enterprises over $600 mln

The restrictive measures to slow the outbreak of the coronavirus ensued revenue losses estimated at $600 million for five Moroccan state-owned enterprises. These include flag carrier RAM, which loses up to $100 million per month, national electricity and water utility with $44 million, airports agency with $30 million, rail operator ONCF with $28 million and […]

Asia Headlines International Morocco

Coronavirus: Morocco’s Flag-Carrier RAM Halts Flights to China

Royal Air Maroc decided on Thursday to suspend temporarily all its direct flights to and from the Chinese capital starting Jan.31 as the new deadly coronavirus continues to spread in China and worldwide. The Moroccan airline said it decided a one-month suspension of the Casablanca-Beijing flights after a “sharp drop in demand” and bookings.   […]

Asia Business Headlines International Maghreb Morocco

Morocco: RAM to Inaugurate First Beijing Direct Flight Thursday

Morocco’s national carrier Royal Air Maroc, RAM, will launch Thursday, Jan. 16, its first direct flight from Casablanca to Beijing, China. The route will be served by B787-9 Dreamliner, of 302 seats including 26 in business class. The flight to depart from the Mohammed V airport in Casablanca will take 13 hours to reach the […]

Business Columns Headlines Maghreb Morocco Opinions

Morocco’s most successful enterprises in 2019

Morocco has made of improving its business climate and attracting large scale investments a choice in its economic development policy. 2019 was a year to celebrate outstanding performances by giant manufacturers in their sectors of activity, confirming the attractiveness of Morocco to local and foreign investors. OCP Morocco’s phosphates and fertilizers producer, OCP, will celebrate […]

Americas Business Headlines International Morocco

Morocco’s Flag-carrier & American Airlines Seal Code-Share Deal

Royal Air Maroc (RAM) and American Airlines have sealed a code-share deal, which will allow smoother connections for passengers of both airlines. The deal is due to go into effect on Dec.26. The deal will enable AA’s customers to buy selected RAM flights to Casablanca, Morocco (CMN), which will provide connecting service to Marrakech. Early […]

Asia Business Headlines International Maghreb Morocco

Moroccan airline RAM to launch Casablanca-Beijing air route in January

Morocco’s flag carrier RAM will start operating three flights per week between Casablanca and Beijing on January 16 as part of an expansion plan that also includes the acquisition of new long-haul aircrafts. RAM officials hope that the new route will help connect other African airports to Beijing Daxing airport, one of the largest in […]