Madagascar seeks buyers for boeing

2012-10-07 09:28
Marc Ravalomanana. (AFP, File)

Marc Ravalomanana. (AFP, File)

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Antanarivo - Two potential buyers, one Swiss and one American, have put in bids for a Boeing 737-700 dubbed Air Force II, once the run-around of ousted president Marc Ravalomanana, a source close to the sale said.

With not too many miles on the clock, the previous owner bought the plane five years ago for $62m. It is now going for a snip at around $25m.

"The sale should be finalised this month," said the source, who asked not to be named.

Ravalomanana was ousted in 2008 by current leader Andry Rajoelina, with the military's backing.

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Read more on:    marc ravalomanana  |  madagascar  |  southern africa  |  air travel
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