The Executive Committee of the ruling Ethiopian People’s Revolutionary Democratic Front in a statement said it has issued directives to partially privatize Ethio-telecom, Ethiopian Airlines, electric power generation projects, the Ethiopian Shipping and Logistics Services Enterprise, with the government having the majority stake. It would be recalled that APA recently reported that Ethiopian Airlines is the largest Aviation Group in Africa and a SKYTRAX-certified Four Star Global Airline. Ethiopian Airlines recently announced acquisition of a Boeing 787-900 aircraft, which makes it the first airline to operate a 100-aircraft fleet in the history of the African continent. Ethiopian Airlines earlier received its ninth new ultra-modern Airbus A350 XWB. Ethio-telecom recently announced that it has collected more than $1 billion in revenue in the first nine months of this Ethiopian fiscal year.

Source: Ethiopian News June 06, 2018 14:15 UTC