Air Algérie, the main airline of Algeria, is not doing well at the moment. Rising costs and growing competition are posing big problems. Nevertheless, Air Algérie wants to add about 30 more planes to its fleet. For that big investment, the government of Algeria gave the airline a €1.45 billion (USD$1.65 billion) loan. Most of the money will go towards new planes, but some will be used to ease economic troubles
An order of this magnitude would bring Air Algérie’s fleet to 90 aircraft.
Air Algérie fleet currently includes eight Airbus A330s, 32 Boeing 737s, three Boeing B767s, and 15 Aérospatiale ATR-72s.
It will be interesting to see if Air Algérie really goes through with this new order. In 2016, the airline wanted to buy 40 more aircraft but ultimately decided to cut the order.
Featured image from Skytrax