LISTEN TO ARTICLE 2:46 SHARE THIS ARTICLE Share Tweet Post EmailPhotographer: Waldo Swiegers/Bloomberg Photographer: Waldo Swiegers/BloombergEthiopian Airlines Group would consider buying a stake in South African Airways -- should South Africa decide to sell equity in the struggling state carrier. SAA hasn’t made a profit since 2011 and last week delayed the release of annual earnings due to its precarious financial state. “We are interested in supporting South African Airways,” he said in an interview at Ethiopian’s head office near Addis Ababa airport. If South Africa asked Ethiopian to buy a stake, “we would consider it,” Tewolde said. “If it is not addressed by African carriers -- it may become zero.
Source: Ethiopian News October 06, 2019 06:11 UTC