Moroccan Tourist Transport Sector Unveils Recovery Plan Amid Flight Resumption Concerns

Although the resumption of flights has been announced, the professionals in the tourist transport sector in Morocco fear that their sector will not be able to recover so soon, due to the multiple aftereffects of the health crisis, reports Aujourd’hui Le Maroc. While for some, it will take 12 months for the sector to regain its form, others see this deadline extended to 24 months. Thus, gathered within their federation, during their recent media outing, the operators in the sector report a sector crushed by the Covid crisis. At the same time, the Federation presented the main points of its action plan called CAP 25.

To revive the sector, "we are asking the Ministry of Finance to very quickly convene the Economic Monitoring Committee in order to find a solution for our sector by giving the necessary authorizations to the financing and leasing companies to defer all our loans over the next 5 years," said Othmane Cherif Alami, president of the National Federation of Tourist Transport (FNTT), member of the CGEM Transport and Logistics Federation and affiliated member of the National Confederation of Tourism (CNT).

Furthermore, tourist carriers expect only half or less of the fleets to be operated next year. But, "if the government puts in place a special subsidy for our companies with a national investment fund, we will be able to correct the situation," said the president of the FNTT. Currently, the carriers wish to carry out a diagnosis of the situation in order to find reliable solutions for the recovery. However, it should be noted that the study carried out shows that the sector is extremely indebted. In addition, the study reports a decrease of at least 30% in the asset value and the financial statements and structures of the operators. Also, they affirm, large-scale measures are needed to really restart the sector.