Air Mauritius is currently under voluntary administration. Amidst the Covid-19 crisis, the Mauritian national carrier wishes to give itself the necessary breathing space and set the conducive conditions for restructuring opportunities in order to stay afloat.
Sattar Hajee Abdoula, FCA and Arvindsingh K. Gokhool, FCCA have been appointed as voluntary administrators.
“At the outset, it is important to highlight that Air Mauritius has not filed for bankruptcy. Our objectives as Administrators are to safeguard the interests of the company and more importantly, reengineer its activities so that it can take off again once this crisis is over”, says Sattar Hajee Abdoula.
“The national airline is a key player of the Mauritian economy and is part and parcel of its history. Air Mauritius is, in addition, a source of pride for the people of Mauritius, and there is no doubt that as a country, we are all affected by this news. In such difficult times, it is essential that we get down to work without delay, along with all the partners of this industry to implement the measures deemed necessary to save the national airline”, says Sattar Hajee Abdoula.
The administrators are currently working with the Management to ensure that Air Mauritius continues to operate and plan the phased resumption of operations. Air Mauritius will maintain planned humanitarian flights for the repatriation of stranded passengers, including Mauritian nationals, as well as for the carriage of important medical supplies.