Royal Air Maroc to acquire low cost operator to boost tourism
German travel firm TUI is to sell its majority share holding in Jet4You, the Moroccan low-cost carrier to Royal Air Maroc.
TUI says it has signed a letter of intent for the sale with the Moroccan flagcarrier and RAM says the purchase is in line with its strategy of increasing tourism to the country.
According to premium data service ACAS, Casablanca-based Jet4you operates a fleet of six Boeing 737-400 and 737-800 aircraft.
It operates from several cities in Morocco to destinations in France, Spain, Italy, Belgium and Switzerland.
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