ADDIS ABABA (Reuters) – Ethiopian Airlines and the government of Chad have signed an agreement to launch Chad’s new national carrier on Oct. 1, officials said on Friday. An Ethiopian Airlines Boeing 787 Dreamliner arrives at Kaduna airport, Nigeria March 8, 2017. On Friday, the head of Chad’s Civil Aviation Authority Mahamat Adjam told Reuters the new company will be named ‘Tchadia Airlines’, with the government owning 51 percent and Ethiopian Airlines the rest. For Ethiopian Airlines, the partnership is another step in its efforts to work with national carriers across the continent. Last month, Ethiopian Airlines announced that net profit in the 2017/18 financial year rose to $233 million from $229 million the previous year.

Source: Ethiopian News August 31, 2018 21:00 UTC