Africa: Economic crunch bites as flights to Angola are stopped by LAM Mozambique

Mozambique’s state-owned airline LAM Mozambique announced it will suspend flights to the Angolan capital Luanda from July 1, blaming financial and operational difficulties as the government struggles with a debt crisis that is crippling the economy. The announcement comes amidst the restructuring process of the company, its product and its route network. The Mozambican Government last year recommended to LAM’s […]

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