Ethiopian Airlines has announced a deal in which it takes 49% of the new Chadian Airlines. The Government of Chad will take the remaining 51% of Chadian Airlines.
Chadian Airlines, which will be Chad’s flag carrier, is set to start operations on October 1.
The strategic equity partnership in the launching of the new Chad national carrier is part of our Vision 2025 multiple hub strategy in Africa, said Tewolde Gebremariam, Group CEO of Ethiopian Airlines.
The new Chad national carrier will serve as a strong hub in central Africa availing domestic, regional and eventually international air connectivity to the major destinations in the Middle East, Europe and Asia.
I wish to thank His Excellency President Idriss Deby Itno, the Government of Chad, and the stakeholders in the aviation sector in Chad for their strong support to the project.
Ethiopian Airlines already deals with other African countries as part of its growth plan. Ethiopian has a 49% stake in the national carriers of Malawi and Guinea, a 45% stake in Zambian Airways, and a 40% stake in Asky Airline.
Ethiopian is currently in talks with countries like Mozambique, Djibouti, Equatorial Guinea, the Democratic Republic of the Congo, Nigeria, and Ghana for similar agreements.
Through its Multiple Hubs Strategy, Ethiopian operates hubs in Lomé, Togo with Asky and in Lilongwe, Malawi with Malawian.
Tourism Observer
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