#AfriTravel: Ethiopian Airlines teams up with more African carriers

Ethiopian Airlines is teaming up with four African airlines and has inked a deal to set up a fifth, the company's chief executive told AFP, as it continues its expansion on the continent.

The group's CEO Tewolde Gebremariam told AFP on Tuesday that his company has finalised deals giving it a 49% stake in the national airlines of Guinea - which recently relaunched after 15 years on the ground - and Chad - whose airline was grounded in 2012 over serious safety concerns.

It has also finalised a deal to take a 45% stake in Zambia Airways, which went under in the nineties, and taken over the management of Equatorial Guinea's airline which has also battled safety concerns.

ICYMI: #AfriTravel: Zambia prepares to take to the skies after 24-year-gap with Ethiopian Airlines

Ethiopian Airlines has also formed a new airline in Mozambique with full ownership.

"Guinea Airlines is preparing to start flights to neighbouring and regional countries soon, Chad Airlines will start work on 1 October, Mozambique Airlines will start operations by the end of the year and at the request of Equatorial Guinea President Teodoro Obiang, ET has taken over complete management of the country's national air carrier," said Gebremariam.

READ: Ethiopian Airlines suspends Barcelona route

Gebremariam said Ethiopian Airlines was already the biggest African air operator, transporting about 10.6 million passengers during the fiscal year which ended in July.

He said the airline wanted closer ties with other carriers on the continent to create a feeling that it is an "African airline", in line with African Union goals for greater economic integration.

Ethiopian Airlines also recently announced talks to buy a stake in Eritrean Airlines after a landmark peace deal ended a bitter 20-year conflict between the two nations and they resumed air links.

DID YOU KNOW: #AfriTravel: Ethiopian Airlines wins prestigious TripAdvisor award

The carrier from Africa's second most populous country already has interests in the airline of Malawi and Togo-based private carrier ASKY, and has signalled its desire to help establish nascent state-run carrier Nigeria Air.

Find Your Escape with our Traveller24 Weekly Newsletter – Subscribe here. Or download the News24 App here, to receive expertly curated travel wanderlust directly to your mobile.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
15.73
-0.5%
Rand - Pound
19.78
-0.8%
Rand - Euro
16.80
+0.1%
Rand - Aus dollar
11.15
-0.2%
Rand - Yen
0.12
-0.1%
Gold
1,854.96
-0.6%
Silver
22.03
-0.4%
Palladium
2,014.35
+0.3%
Platinum
950.59
-0.6%
Brent Crude
113.56
+0.1%
Top 40
61,176
0.0%
All Share
67,585
-0.2%
Resource 10
74,448
+0.1%
Industrial 25
72,681
+1.3%
Financial 15
15,434
-2.4%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE