Linhas Aéreas de Moçambique (LAM) is a sick company in the recovery phase, which still doesn't have trained pilots for longer routes such as Maputo-Lisbon, according to the Minister of Transport and Communications. Mateus Magala recognizes the precarious state of the institution and argues that LAM should be recovered rather than allowed to collapse. "We...
Tag: Mozambique Airlines (LAM)
Portuguese airline reacts to LAM's accusations
Euro Atlantic has reacted to the accusations from Mozambique Airlines with a vote of confidence in the continuity of the partnership that allowed flights on the Maputo-Lisbon route to be re-established. LAM blamed Euro Atlantic Airways for the reasons that led, on Saturday (13), to the delay and rescheduling of the flight from Lisbon to Maputo, on Sunday...
LAM receives first cargo plane
On Sunday in Maputo, Mozambique Airlines (LAM) received its first cargo plane, which is expected to meet the demand for cargo following the reactivation of routes to Africa. The aircraft, a Boeing 737-300, is due to start operations soon and is expected to transport cargo within the country and to South Africa. LAM is under...
LAM resumes flights on Maputo-Lisbon route from today
Today, Mozambique Airlines (LAM) resumes flights on the Maputo-Lisbon route, 12 years later, in partnership with Portugal's Euro Atlântico. The flights will last an average of 10 or 11 hours, with the inaugural flight departing from the Portuguese city this evening. There will be three flights a week using a Boeing 777-200, with...
"I'm not satisfied with LAM's management. We need to change the leadership" - Mateus Magala
The Minister of Transport and Communications, Mateus Magala, has expressed his dissatisfaction with the current level of management at Mozambique Airlines (LAM) and highlights the need for a change in leadership and thinking. The reaction comes six months after Fly Modern Ark (FMA) intervened in the restructuring process of the flag carrier...
LAM expects to make millions in profits from each flight to Portugal and South Africa
Mozambique Airlines (LAM) will resume flights to Lisbon (in Portugal) and inaugurate a flight to Cape Town (in South Africa) this year, and expects to make millions in "profits" for each trip. According to Sérgio Matos, the Chief Operating Officer of Fly Modern Ark (FMA), the Mozambican company is expected to make...
LAM's debt has fallen "by leaps and bounds" to 290 million dollars, says FMA
The debt of Linhas Áreas de Moçambique (LAM) has fallen from around 400 million dollars to 290 million dollars, the Project Director of Fly Modern Ark (FMA) said today in Maputo. "LMA's debt has been reduced. When we came in, the debt was 402 million dollars and now I think we're...
FMA promises salary increase for LAM employees
Fly Modern Ark (FAM) says it will increase the salaries of employees of Mozambique Airlines (LAM) by 11%, at a time when the company has been sharing with the public the results of its activity in the company. FMA is the company hired by the government to restructure LAM, which was...
Ernst & Young: LAM's former auditor shrugs off responsibility for issuing a public statement on the company's financial scandals
Ernst & Young (E&Y) said today in Maputo that it is not for it to issue a public statement on the financial scandals of Mozambique Airlines (LAM), as its former auditor. "Ernst&Young is bound by duties of secrecy and confidentiality towards its clients, so we have nothing to comment on the...
LAM crashes amid corrupt management, over-invoicing, ghost operations and abysmal salary increases
Fly Modern Ark (FMA), the South African company hired to resurrect the accounts of Mozambique Airlines (LAM), has found scars of corruption in the then management machine of the national flag carrier. According to Lusa (via DW), which obtained the information during a meeting between FMA and journalists, over-invoicing, or...