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    Home»Financial News»Royal Air Maroc to Fully Acquire Atlas Servair
    Financial News

    Royal Air Maroc to Fully Acquire Atlas Servair

    By March 16, 20262 Mins Read
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    Rabat  – Morocco’s Competition Council announced last week Royal Air Maroc’s plan to acquire the remaining 40% of the Atlas Servair SA.

    The council issued a public notice on March 12 regarding  Royal Air Maroc’s plan to acquire the remaining 40% of Atlas Servair’s share capital and voting rights.

    The council said the brief on Royal Air Maroc’s plan is in accordance with Article 13 of Law number 104-12 on freedom of prices and competition, emphasizing that the information was prepared by the notifying parties that bear full responsibility for it.

    The deadline for interested third parties to submit comments is set for 10 days from the date of publication of the release, namely March 23.

    The announcement came as Royal Air Maroc has been planning expansion of offers and investments.

    Royal Air Maroc’s expansion plan includes the goal of reaching a fleet of 200 aircraft in the next decade.

    In 2023, Royal Air Maroc signed  a contract with Morocco’s government to increase its fleet of commercial aircraft.

    The expansion plan aims to see the aircraft number jumping from 50 to 200 over the next 15 years, as part of a 2023-2037 program contract.

    It also aims to extend offers to 150 destinations worldwide, leveraging the expansion of Casablanca’s Mohammed VI airport.

    Amine El Farissi, vice president of Royal Air Maroc told ABC in February that the airline aims to include more destinations in the US and Latin America, as well as strengthening its offers to the EU and beyond.

    The company flies to over 40 cities, with plans to add 73 more, surpassing 100 destinations.

    Royal Air Maroc has been pledging to support Morocco’s ambition to attract over 65 million tourists by 2037. In 2025, Morocco  scored a milestone in attracting nearly 20 million tourists for the first time.

    It aims to attract more than 26 million tourists by 2030, which marks the World Cup that the North African kingdom is co-hosting with Spain and Portugal.

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