AMCON: We’re yet to receive offerChinedu Eze with agency reportAfrica’s leading airline, Ethiopian Airlines, has said that it has submitted a formal offer to take charge of troubled local carrier Arik Air, which accounts for more than half of Nigeria’s air passenger traffic, the CNN has reported. WoldeMariam did not specify details of the offer, but added that he expected to face competition for Arik from international airlines. “When we took over Arik Air, we realised that the problems were very complex. Ethiopian Airlines is Africa’s fastest-growing and most profitable carrier. Abroad, the airline has acquired a 49 per cent stake in Malawian Airlines and 40 per cent of ASKY Airlines in Togo.

Source: Ethiopian News September 01, 2017 05:03 UTC