A management shake-up is anticipated at Middle East Airlines (MEA) as the carrier seeks to persuade shareholders to support a significant capital injection. MEA hopes to raise cash for the replacement of its aging Boeing 707/720 fleet, which is more than 25 years old. Major stockholders in MEA are Air France and local bank Intra. The shake-up was due to be announced after a board meeting on 1 September.

 

 

 

Source: Flight International