Boeing [NYSE: BA] and the Ministry of Transport of the Republic of Angola signed a Memorandum of Strategic Cooperation today to explore initiatives aimed at advancing the Angolan aviation sector, in partnership with TAAG Angola Airlines.
The Republic of Angola has prioritized the development of the aviation industry to enhance tourism and stimulate economic growth.
Signed at the 2025 Paris Air Show, the memorandum outlines several areas of collaboration between Boeing and TAAG Angola Airlines, including efforts to boost operational efficiency through digital transformation, strengthen technical and maintenance capabilities, optimize and expand market and route networks, and support the modernization and growth of the fleet.
"TAAG Angola Airlines, the national airline of Angola, has been a cornerstone of the African aviation landscape since its inception in 1938. As we navigate the complexities of a rapidly evolving global market, it is essential for the airline to not only maintain its competitive edge, but also to embrace innovation and modernization," said Ricardo Viegas D'Abreu, Minister of Transport, Republic of Angola.
Minister Viegas D'Abreu continued "This partnership with Boeing represents a significant step forward in our commitment to enhancing operational capabilities, improving technical and maintenance capacity, and expanding our reach. By investing in modern technologies and practices, we aim to position TAAG Angola Airlines as a leading airline in Africa, capable of meeting the demands of today's travelers while contributing to the economic diversification and growth of Angola. Together, along with the significant investment in our new international airport, we are laying the groundwork for a sustainable and prosperous future for our aviation sector."
"This partnership underscores Boeing's commitment to supporting the growth of the aviation sector in Angola and continued expansion of TAAG Angola Airlines' capabilities," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "We look forward to building on nearly eight decades of supporting commercial aviation in Africa."
Boeing airplanes account for nearly 70% of the commercial fleet in Africa, operated by more than 60 airlines. According to Boeing's 2025 Commercial Market Outlook, Africa will require more than 1,200 new airplanes over the next 20 years to meet growing demand.
