The chairman and CEO of Air Austral Marie-Joseph Malé will leave office on Tuesday in order to put in place a transitional governance while the airline is in the process of being bought by a conglomerate of Reunionese investors.
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The current CEO will announce his departure on Tuesday evening during the Air Austral board of directors, which must ratify "the appointment of a transitional governance to allow support for the future governance put in place by the consortium of Reunionese investors. in the process of buying the company, said a spokeswoman for Air Austral.
Marie-Joseph Malé had been at the head of Air Austral for nine years, as recalled by L'Echo Touristique, which revealed the information.
He will be replaced temporarily by the current Deputy Director of Finance Joseph Bréma.
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The potential buyers on Monday presented a binding offer to the Interministerial Committee for Industrial Restructuring (CIRI) to acquire the group hitherto controlled by the Reunion region.
Air Austral, in great difficulty, had benefited in January from a loan of 10 million euros from the State, which helped the company in the form of guaranteed loans up to 130 million euros during the air transport crisis caused by the Covid-19 pandemic.
In addition to state loans, Air Austral has borrowed 55 million euros from its shareholders.
The company operates ten aircraft with which it serves the metropolis, but also destinations such as South Africa, Madagascar, Mayotte, Mauritius or the Seychelles.
It employed 848 people at the end of 2021 and was up to