LAM Mozambique Swings to Profit in 2025 After Major Debt Write-off

Mozambique's state-owned flag carrier, Linhas Aéreas de Moçambique (LAM), returned to profitability in 2025 with a net profit of 72.6 million euros, reversing heavy losses from the previous year thanks to a government-backed debt restructuring exceeding 81 million euros, according to financial statements obtained by Portuguese news agency Lusa on July 13, 2026.


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