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Royal Air Maroc receives $193.3 million government bailout

Posted 26/09/2011

Morocco's government has offered Royal Air Maroc (RAM) 1.6 billion dirhams ($193.3 million) to shore up its finances hurt by growing competition, lower sales and higher fuel prices, Reuters reported.

Originally published 26 Sep 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/dU6BSnQqWkE/royal-air-maroc-receives-1933-million-government-bailout-0923

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