Ver Angola


TAAG reaches agreement with Boeing for debt repayment

TAAG and the aircraft manufacturer Boeing reached an agreement on the “resolution of pending financial issues”, informed the national air carrier, without disclosing the amount and method of payment.


The agreement creates "conditions for cooperation in the supply of aircraft in the future" and updates some premises of the Memorandum of Understanding signed between the parties, "in line with TAAG's interests in obtaining a more favorable and in line with the current context of the commercial aviation market at an international level", says the airline, in a statement.

The "financial pending issues" were generated mainly during the pandemic phase, "which affected the activity of airlines globally and aggravated the debt to suppliers", says TAAG.

At the end of 2021, TAAG had 15 Boeing 777 and Boeing 737 type aircraft and has recently announced its intention to reinforce its fleet in the second half of 2023 with six new Airbus A220 type aircraft (on a "leasing" basis) " in a long-term perspective".

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