As part of reorganisation plans to get the airline ready for privatisation, in January 1998, the airline announced that it would replace the Boeing 747-200 Combi with a Boeing 767-300ER. The airline purchased a new 767-300ER from Boeing with an April 1999 delivery date, and leased another aircraft from GE Capital Aviation Services from March 1998. Government plans for privatisation of the airline in 1999 to a consortium which include Air France was suspended when the Central Bank of Madagascar defaulted on payments to Exim Bank for the airline's Boeing 747.