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Thread: Tunisair eyes on OW
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Old Sep 23, 2011 | 10:14 pm
  #14  
ByrdluvsAWACO
 
Join Date: Oct 2001
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Originally Posted by ernestnywang
AT (RAM) has shares owned by both AF and IB, though AF has more, so I guess it would be hard for AT (RAM) to join OW.
AF only owns 2.86% of AT, while the Moroccan govt owns 95.95%. So AF is hardly in any position to dictate which alliance AT joins.

The govt is planning on selling 25% of AT in the future, but even if AF brought those shares they still wouldn't have the ability to determine AT's alliance.
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