Air Madagascar has signed a memorandum of understanding (MOU) to create a strategic partnership with Reunion-based Air Austral, under a deal which is expected to be finalized by May 31. Air Austral, which is already partnered with Air Madagascar through the Vanilla Alliance, was selected as Air Madagascar’s preferred partner in March after beating off a rival bid from Star Alliance carrier Ethiopian Airlines. In an update released April 4, Air Madagascar said the Madagascan finance ...

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