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In a major development in Africa's capital markets, Angola has launched its first IPO, which could lead to a slew of privatisations of some of the country’s biggest conglomerates.
MIAMI – Fly Angola (FLA) is back in the Angolan sky with a single Embraer ERJ-145 STD and plans to expand its fleet with another ERJ-145 and a smaller ERJ-120 are on hold awaiting the offset of COVID-19 pandemic. Fly Angola took advantage of the forced stop to its activities (March 2020) to have its aircraft extensively overhauled in Europe. The ERJ-145, now painted in Fly Angola livery, is configured as all economy class with a one-two seating arrangement. Image : Fly Angola Fly Angola Own Operating License Obtained At the same time the airline, which is privately owned and is part of Aer...