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Home >> Business
UPDATED: 11:29, July 15, 2006
Angola to spend 600 mln dollars for modernization of national airline
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Angola will spend about 600 million U.S. dollars in its program of renewal and modernization of the country's national airline TAAG.

According to a TAAG press release on Friday, the program includes the purchase of four new Boeing 737-700 aircraft for short and medium distance flights and three Boeing 777-200ER for long distance trips.

The planes will be handed to Angola gradually, with the arrival in the country of the first two of both versions expected for September this year. The last Boeing 777 is expected for November this year, thus bringing the process of deliveries to full completion.

The source added that the amount set aside for this operation will also cover training of maintenance personnel, flight operations and other TAAG related areas. Staff training is currently in progress in Seattle, the United States.

The investment, it was said, will lead to the involvement of TAAG in the process of technical assistance and rehabilitation of Angolan airports.

On Wednesday, the Cabinet Council approved the contract between TAAG and Boeing Company, aiming at improved services and reduced operational costs.

Source: Xinhua


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