Emirates and the Republic of Angola, in its capacity as the majority shareholder of TAAG Linhas Aéreas De Angola, announced the signing of a Management Concession Agreement which will see Emirates take a role in the management of TAAG. The agreement lays the foundation for both airlines to jointly leverage commercial opportunities in Africa and beyond.

The 10-year Management Concession Agreement was signed by Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive, Emirates Airline and Group, and Augusto da Silva Tomás, the minister of transport for Angola.

This initiative is to further Angola’s vision to create a world-class Angolan carrier with the support of Emirates. As part of the agreement, Emirates will work closely with the Angolan government and TAAG Linhas Aéreas De Angola to formulate and implement a business plan, provide management support and devise fleet and route network strategies, whilst bringing synergy through the complementary networks.