Business News of Thursday, 21 November 2019Source: www.citibusinessnews.comGovernment considers private sector funding for new aircraft for national airlineThe new home-based carrier will have minimum government interferenceThe Ministry of Aviation says government is considering allowing private investors to fund the new aircraft to be purchased for the new national airline. The new home-based carrier will have minimum government interference as the state is expected to own ten percent stake with private investors and a strategic partner, Ethiopian Airline, owning the remaining ninety percent. This is going to be largely a private sector operation.”Mr. Adda also disclosed that some domestic airlines are in talks with his ministry for possible partnership. “So all this will depend on the investors and what they choose as the best way to fund the aircraft. Some we’ve already signed an MoU with the likes of Ethiopian Airline.”Meanwhile, a search is still ongoing on how the new national airline will be called.

Source: GhanaWeb November 21, 2019 07:41 UTC