Air Algerie
Few aviation players in Middle East & North Africa match the executional depth of Air Algerie. From Algiers, the group manages a workforce of approximately 10k and generates close to $1B in revenue, while steadily widening the gap with regional peers.
Few aviation players in Middle East & North Africa match the executional depth of Air Algerie. From Algiers, the group manages a workforce of approximately 10k and generates close to $1B in revenue, while steadily widening the gap with regional peers.
The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.
“Air Algerie is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”
The outlook remains constructive: order books, hiring patterns and capex guidance all point to a multi-year expansion phase.