The Angolan government announced here on Wednesday to reshuffle the state-run airline TAAG and workout new plans to turn the airline into a new financially sustainable company with top quality service.
At the routine cabinet council meeting, the government also planned to establish a TAAG re-founding commission to design a new strategy and business architecture with a new personnel board and a new management mode to create a new image, said Angolan Transport Minister Augusto da Silva Tomas after the cabinet council meeting.
He told reporters that the committee will be set up soon tasked with choosing a strategic partner for TAAG and revising the status of state-run airline that operates in Angola.
According to the minister, the program includes the company's certification, routes networking, increasing of flight frequency, reshaping of regional plan, increment of revenues, reducing of costs and gradual shedding of personnel, among others.
The transport minister said Angola needs a new and strong airline company with a design among Africa's best, thus decisively contributing to the development and affirmation of Angola in the continent.
TAAG lost about 70 million U.S. dollars in the last 14 months and stands 122nd in the ranking of the world's 124 airlines.
In July 2007, the European Commission listed TAAG one of the airlines banned from flying into the European airspace.
Source: Xinhua
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