In an exclusive report by Daily Trust, it has been confirmed that the Boeing 737-800 series aircraft used by the Federal Government for the unveiling of Nigeria Air actually belongs to Ethiopian Airlines. It is noteworthy that Ethiopian Airlines holds a 49% stake in the Nigeria Air project, making it a majority shareholder. This ownership structure has sparked a lawsuit filed by domestic airlines under the Airline Operators of Nigeria (AON), including Azman Air, Air Peace, Max Air, Topbrass Aviation, and United Nigeria Airlines. These airlines raised concerns that the partnership with Ethiopian Airlines would jeopardize their market position and potentially force them out of business. As Nigeria eagerly awaits the launch of Nigeria Air, questions and concerns surrounding the partnership with Ethiopian Airlines and the regulatory processes involved continue to linger.

Source: Ethiopian News May 27, 2023 09:57 UTC