Zambia Airways is to be revived after more than two decades in a deal between the Zambian government and Ethiopian Airlines. The investment follows others made by Ethiopian, which has a 49% stake in Malawian Airlines and a 40% investment in Togo’s Asky Airlines. Ethiopian has also attempted to seal a deal to manage Nigeria’s Arik Air, but halted negotiations in late December following “legal and financial complications”. Meanwhile, Ethiopian has also been shortlisted by Ghana as one of three potential partners – among them Air Mauritius and Ghana’s own Africa World Airlines – to relaunch its national carrier. Tewolde GebreMariam, Ethiopian Airlines group chief executive, said the latest agreement was in line with Ethiopian’s Vision 2025 multiple hubs strategy.

Source: Ethiopian News January 25, 2018 07:52 UTC