Royal Air Maroc and TUI Travel signed a letter of intent stipulating that RAM will take a majority stake in Jet4You, TUI Travel's Moroccan low-cost/charter carrier. Jet4You operates 175-seat 737-400s and 189-seat -800s on a network spanning seven Moroccan airports and 12 European cities, mainly in France but also including Barcelona, Geneva and Brussels South Charleroi. It has been 100%-owned by TUI since 2008. "The intention of any transaction is to build on the Jet4You ...

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