Angola’s Sonangol plans to recover SonAir aviation company

3 August 2018

Aviation companies Heliconia and CHC, from Luxembourg and Canada respectively, will carry out a full valuation of SonAir to determine the possibility of setting up a consortium to re-launch the air carrier of Angolan national oil company Sonangol, according to official information.

Sonangol also said in a statement issued on Thursday that the memorandum of understanding, signed on 1 August in Luanda by Carlos Saturnino, president of the Angolan oil company and Daniel Sigaud, of the consortium involving the two companies, “should represent the beginning of the SonAir regeneration process.”

The memorandum comprises two phases, the first encompassing the full internal assessment of SonAir in terms of organisation, processes and systems, while the second may, after analysis, lead to a consortium being set up between those foreign companies and the Sonangol aviation company, with a view to re-launching its activities.

Heliconia and CHC are rotary wing aviation (helicopter) companies operating in several countries around the world, mainly supporting offshore operations.

Sonangol also noted that the memorandum “considers a variety of activities, prioritising the search for urgent solutions to serve oil operators.”

SonAir’s regeneration efforts come after the government abandoned the Air Connection Express project, which was planned to operate domestic flights in Angola and would be built from a public-private consortium involving state-owned airline TAAG and airport manager ENANA and several private companies. (macauhub)