Mozambique’s LAM Airline on Recovery Path
Mozambique’s state-owned national airline Linhas Aéreas de Moçambique (LAM), appears to have emerged from its financial crisis and achieved solvency. It’s now on the road to stability according to Sérgio Matos, LAM’s restructuring project manager. South African aviation consultancy, Fly Modern Ark (FMA), was appointed by the Mozambique government to rescue and rejuvenate the airline. So…