Mozambique’s LAM launches tender for the lease of five aircraft

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Mozambique’s LAM launches tender for the lease of five aircraft

12:17 CAT | 01 Aug 2025

FILE - For illustration purposes only. [File photo: AIM]

Flag carrier LAM Mozambique Airlines has launched a tender for the short-term lease of five aircraft to meet its operational needs, the state-owned airline announced yesterday.

In a statement, LAM said the aircraft lease aims to meet the growing demand for aviation services nationally and regionally, driven by mega-projects in electricity, oil and gas, and the tourism industry, and is part of its investment plan.

The tender is open to “all […] national and foreign companies” interested in the bidding process, which runs until August 22nd, “for the short-term lease of up to five aircraft” under a ‘wet lease’ arrangement, meaning the aircraft are fully operational, including crew, maintenance, and insurance.

LAM is engaged in a profound restructuring process, following years of divestment and operational problems.

The Mozambican State Holdings Management Institute (Igepe) announced on May 13th the dismissal of LAM’s board of directors and the appointment of a management committee chaired by Dane Kondic.

The decision was made at an extraordinary general meeting of LAM, as part of the “revitalization process” of the state-owned airline. The appointment of a non-executive board of directors was also approved, composed of representatives of the three state-owned companies that became LAM shareholders this year: Hidroelétrica de Cahora Bassa (HCB), Ports and Railways of Mozambique (CFM), and Empresa Moçambicana de Seguros (EMOSE).

Consulting firm Knighthood Global, also hired by LAM shareholders to advise on the restructuring, acknowledged in May that it had three months to “stabilize and reposition” LAM, explaining at the time that it was “appointed by the Government of Mozambique to help revitalize” the company and “the country’s aviation sector in general”, having launched a tender in June to acquire up to five Boeing 737-700 aircraft for the Mozambican carrier.

Source: Lusa