Econostrum | Economic News in the Mediterranean



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French skies turn scarlet red with the abyssal losses of Air France, ADP and Airbus - 02/18/2021 - Eric Apim

FRANCE. Air France announces a loss of €7.1 billion in 2020, while ADP loses 60% of its passengers and Airbus revenues decline by 29%. version française

CMA CGM obtains management of the future port of Alexandria terminal - 01/28/2021 - Eric Apim

EGYPT / FRANCE. CMA CGM will manage and operate Pier 55, the future multipurpose terminal at the port of Alexandria.

The health crisis in the Maghreb impacts the results of the port of Marseille - 01/25/2021 - Frédéric Dubessy

FRANCE. If the Grand Port Maritime de Marseille-Fos finally resisted well to the sanitary crisis on its goods segment, passenger transport has been hit hard by travel restrictions.

Tanger Med injects €133m into its third container terminal - 01/11/2021 - Eric Apim

MOROCCO. Tanger Alliance signs a €133m long-term credit agreement to finance part of the construction costs of the third container terminal in the port of Tanger Med.

Historic first flight between Tel Aviv and Rabat - 12/22/2020 - Eric Apim

MOROCCO / ISRAEL. Jared Kushner, Donald Trump's son-in-law and senior advisor, was aboard the first direct commercial flight between Tel Aviv and Rabat symbolizing the new diplomatic relations between Israel and Morocco. version française

Ouigo starts selling his first Madrid-Barcelona tickets - 12/09/2020 - Eric Apim

FRANCE / SPAIN. Ouigo launches the sale of its first train tickets on the Spanish domestic market, between Madrid and Barcelona. version française

La Méridionale opens a maritime line between Marseille and Tanger Med - 12/01/2020 - Eric Apim

FRANCE / MOROCCO. The shipping company La Méridionale will offer, as from Wednesday 2 December 2020, a regular freight and passenger shipping line between Marseille and Tanger Med.

"The virus did not win against the ports", says Bernard Valero, Avitem's general manager - 11/06/2020 - Frédéric Dubessy

MEDITERRANEAN. Speaking at a webinar, Bernard Valero, Director General of the Agency for Sustainable Mediterranean Cities and Territories, noted the resilience of ports in the face of Covid-19.

AFD participates in financing the extension of the Casablanca tramway - 11/04/2020 - Frédéric Dubessy

MOROCCO / FRANCE. Agence Française de Développement and Casa Transport en Site Aménagé sign a MAD 1.1 billion (€100m) loan agreement for the construction of two new lines of the Casablanca tramway.

SNCF raises a record €2 billion loan with a 30-year maturity - 10/28/2020 - Frédéric Dubessy

FRANCE. The SNCF has closed a €2 billion loan over thirty years, the largest transaction ever carried out by the group on the financial markets.

GSE delivers a 48,200 m² logistics platform in Lombardy - 10/20/2020 - Eric Apim

ITALY. GSE Italia announces the delivery to Mesero (Lombardy) of a 48,200 m² multifunctional logistics platform built for Fondo CER-L. version française

Ryanair to close its Toulouse-Blagnac base and reduce its flights in Spain and Portugal - 10/15/2020 - Frédéric Dubessy

FRANCE. Ryanair announces the closure of its Toulouse base from November 2020 to March 2021 to minimise losses during this Covid-19 period.

Sky Express wants to change era by ordering four A320neo from Airbus - 10/15/2020 - Frédéric Dubessy

FRANCE / GREECE. First order and new customer for Airbus with the signature, on Wednesday 14 October 2020, of Sky Express for four aircraft.
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