The privatisation model for the sale of a majority stake in the airport concessionaire is included in the Global Strategy for the Airport System (EGSA), expressed in Presidential Decree no. 206/20, of 3 August, already published in Diário da República.
According to the document consulted this Tuesday by Lusa, EGSA aims to "modernize and enhance the airport network, whose expansion has been undertaken in recent years, strengthening its competitive position to the benefit of the national economy.
Among the strategic lines of development of the airport sector, in the light of the Global Strategy, is the model of privatisation of the airport concessionaire in order to "boost operational gains and service levels, maximising the value generated for all stakeholders".
It also aims to promote "the rationality and sustainability of airport activity and, secondarily, the civil aviation sector, in the long term".
In order to carry out the privatisation process, the document states that "the transfer of the management and execution of the service from the public authority to SGA must be formalised as a previous condition, through the signing of a public service concession contract".
Promoting the growth of the civil aviation sector in the country, pursuing the objective of "transforming Angola into an important hub in the sub-Saharan African region and foreign direct investment" in the airport system are some of EGSA's priorities.
The Global Strategy for the Airport System also aims to strengthen security in civil aviation operations, intensify the alignment of the sector's regulatory framework and tariffs with international best practices.
To achieve this goal, the Angolan authorities list several strategic lines of development in the sector, such as the liberalisation of airspace and a new strategic concept for TAAG.
In this area, the Global Strategy states that the opening up of the Angolan air transport market should result in the entry of new competitors for TAAG, which requires, it stresses, "the development of a new strategic concept and management model specific to the company".
"That guarantees its relevance in the Angolan market and its economic and financial sustainability," reads the document.
The legal diploma, signed by the President, João Lourenço, also includes a strategy for the different airport and aerodrome segments in the country, including business models, investments and partnerships according to each airport/aerodrome.
In this new segmentation, Luanda will be designated as "Hub/Gateway Airport", being the main gateway to the country with domestic and international operations centre positioning for the South and Central African region.
The remaining airports will be designated as "Source/Destination Airports" and in this segment the categories of Short Term Traffic Generation, Lean Model with Medium Term Potential and Innovative Public Service Model will be created.
The adequacy of the tariff framework for regulated and non-regulated activities, the definition of a strategic vision for the non-aviation business and the evolution in attracting and boosting routes are also included in the Global Strategy for the Angolan Airport System.