Madagascar Airlines: brands it owns and its ownership tree
Madagascar Airlines is a privately held company headquartered in Madagascar that owns 1 consumer brand.[1]
Malagasy airline created in 2021 when Air Madagascar took over the activities of its domestic subsidiary Tsaradia. Its company history page says Air Madagascar began in 1961 as MADAIR (from the merger of the private Air Madagascar and Air France's local network), that Air Austral entered its capital in 2017 creating the Air Madagascar Group, and that Tsaradia flights were replaced by Madagascar Airlines flights in 2024. The page gives no ownership percentages and the legal entity name was not opened, so no stake or type beyond a placeholder is recorded.
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brands owned
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categories
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- Madagascar Airlines (also Air Madagascar)
- Type
- privately held company · see all privately held company owners
- Headquarters
- 🇲🇬 Madagascar
- Website
- www.madagascarairlines.com
- Last verified
- · 1 sources
Madagascar Airlines in numbers
- Madagascar Airlines owns 1 consumer brands tracked here across 1 top-level categories; the largest is travel & transport with 1 brands.[1]
Everything Madagascar Airlines owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Brand portfolio by category
Recent changes to this record
Frequently asked questions
What brands does Madagascar Airlines own?
Madagascar Airlines owns 1 consumer brands tracked here, including Madagascar Airlines.
Is Madagascar Airlines a Malagasy company?
Yes. Madagascar Airlines is headquartered in Madagascar.
Who owns Madagascar Airlines?
Madagascar Airlines is privately held. Malagasy airline created in 2021 when Air Madagascar took over the activities of its domestic subsidiary Tsaradia.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Histoire de la compagnie, Madagascar Airlines — Madagascar Airlines, Official document; retrieved 4 October 2026.
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