Ethiopian Airlines Announces Plan for Southern Africa Market - News Summed Up

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Ethiopian Airlines Announces Plan for Southern Africa Market


Ethiopian Airlines Announces Plan for Southern Africa MarketSeptember 16, 2017 - An outline plan for a joint-venture airline in Zambia should be signed with the government and private-equity investors in a few weeks, leading to a final agreement by November, Chief Executive Officer Tewolde GebreMariam said in an interview. That will give Ethiopian a new hub in Lusaka serving southern Africa alongside Malawian Airlines, in which it has a stake. Parallel discussions are underway in Chad for the establishment of a new national carrier there, Tewolde said. Nigeria has separately appointed advisers including Deutsche Lufthansa AG’s consulting arm to evaluate the business case for setting up a new national airline, Reuters reported in May. That plan may provide opportunities for Ethiopian Air in the future, though there have been no talks, Tewolde said.


Source: Ethiopian News September 17, 2017 00:11 UTC



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