IGEPE considers LAM's financial restructuring complex

IGEPE considera reestruturação financeira da LAM complexa

The president of the Board of Directors (PCA) of the Institute for the Management of State Holdings (IGEPE), Ana Isabel Senda Coanai, classified the ongoing financial restructuring of the company Linhas Aéreas de Moçambique (LAM) as "very complex"..

According to her, the Mozambican flagship company is having several financial problems, so it is crucial to restructure the company so that it can have greater efficiency and sustainability in the future.

Isabel Coanai also justified the complexity of LAM's financial restructuring with the current deficit situation that led the company to opt for indebtedness with commercial banks.

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