Run Air, the private consortium which to date has 56 % Air Austral, welcomes a new member within its breast : The Mauritian group IBL.
The announcement was made at the end of November. The Mauritian conglomerate proposed bringing 3 million euros to the basket of the recapitalization plan which should allow the company to pass the difficult course of the start of the year, Basse waters. The Réunion region, which also tries to prevent the sale to the same IBL group of the land occupied by the Lux and State Hotel, in Saint-Gilles-les-Bains, did not oppose this perspective. At 3 million euros, IBL will remain a very minority shareholder. The Mauritian group and the Reunion company have ancient links. They are partners in Australair, General Sales Agent, General Air Austral sales agent in Mauritius, in Madagascar and Comoros. At the time of Gérard Ethève, founder of the company, Air Austral had brought to the aid of Catovair, Interîles company created by IBL in 2005, in great difficulty. Renamed Air Mascarenes, She had stopped all activity in 2008, The Mauritian government having refused to give it the status of second national carrier alongside Air Mauritius.
