- Company Profile
- Location of the Business
Air Algeria
AIR ALGERIE is a Joint - Stock Company with a registered capital of 43,000,000,000 Algerian Dinars (DA).
AIR ALGERIE is firmly working to meet modern challenges.
In 2009, AIR ALGERIE made a turnover of 58.1 billion Algerian Dinars (DA) with an increase of seven per cent (7%) compared to 2008, and a four
(04) billion Algerian Dinars (DA) net profit. The company carries annually about 3.54 million passengers (on the scheduled flights: Hadj and Omra).
AIR ALGERIE has today a fleet of fourty (40) aircraft. Thirty - nine (39) of them are operated for passengers carriage and one (01) for cargo. Between seventeen (17) years old in 2003 and seven (07) years old at the end of 2010, AIR ALGERIE’s passengers fleet is one of the youngest.
The development process is still in progress. After achieving the new Maintenance Base and modernizing its fleet, AIR ALGERIE started to modernize its management means and information systems, and to upgrade its activities in order to meet the market challenges.
AIR ALGERIE has today a number of strong advantages to improve its market competitiveness, to ensure its profitability and to preserve its financial health.
A HEALTHY FINANCIAL POSITION THAT SHOWS:
Profitable net results on the last ten (10) financial years;
Financial forecasts presented on the loans repayments term (2004 – 2011) showing well – balanced net results;
AIR ALGERIE’s ability to repay the taken up loans at maturity dates;
A strong registered capital raised from 2.5 billion DA in 2001 to 43 billion DA in 2007. The successsive registered capital increases were
+213 (0) 21 65.33.40 - 65.33.80/89
PLACE MAURICE AUDIN Algeria
contacts@airalgerie.dz
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