Ethiopian Airlines and Skytrax have finalised their agreements with the government of the Central African country, Chad, to launch its national air carrier.
According to a recent statement by the airline, Ethiopian Airlines will have a 49% stake in the carrier while the Chadian government will retain 51%. The Chad national carrier is expected to become operational on October 1.
“The new Chad national carrier will serve as a strong hub in Central Africa, providing domestic, regional and eventually international air connectivity to the major destinations in the Middle East, Europe and Asia,” said Ethiopian Airlines CEO, Tewolde GebreMariam.
Ethiopian Airlines currently operates hubs in Lomé, Togo, and Lilongwe, Malawi. It has also acquired stakes in Zambia and Guinea’s national carriers and is making preparations to launch Mozambique Airlines.
