Royal Air Maroc Subsidiary Reports 533 Million Dirham Revenue in 2019

– byBladi.net · 1 min read
Royal Air Maroc Subsidiary Reports 533 Million Dirham Revenue in 2019

Royal Air Maroc handling, a 100% subsidiary of the Moroccan airline, achieved 533 million dirhams in turnover in 2019.

According to RAM, the gross operating surplus (EBE) stands at 21.12 million dirhams, for a net result of 2.45 million. At the end of 2019, equity stood at 91.64 million dirhams, with total assets of 340.25 million.

To refocus on its core business, the Royal Air Maroc company has proceeded with the sale and subsidiarity of some of its activities, including Handling, it is indicated.

Launched in 2013, RAM Handling is responsible for ground handling services, on arrival, in transit and on departure, at all Moroccan airports. RAM Handling, a public limited company with a Board of Directors, has 1,230 employees.