00-00-0000 PRIVATIZATION PLANNED FOR ROYAL AIR MAROC.

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PRIVATIZATION PLANNED FOR ROYAL AIR MAROC, OLYMPIC AIRWAYS

Dec 07 1999 (AIRLINE FINANCIAL of the present days Vol. 14, No. 48 via COMTEX)
--
State-owned Royal Air Maroc is selling facing a 40 percent stake in a

privatization proces starting Dec 15 And the of greece government is

expect to announce plans this month for a partial sell-off of
troubl Olympic Airways as the first stage of a five-year plan to
make
the unprofitable airline profitable and competitive.

Local banks will be advising the Moroccan command on the makeup
of
potential buyer for the Royal Air Maroc,

...