This archive report was first published on 2 November 2021.
Published on November 2, 2021, Ethiopian Airlines is expanding its presence in Africa by establishing management roles or strategic partnerships with local carriers in over six countries.
The airline's move is set to give East African carriers, such as Kenya Airways, a run for their money, particularly Kenya Airways, which is in a deep financial mess.
Next month, Ethiopian Airlines is expected to launch Air Congo, the latest in the string of airlines where it is acquiring stakes as African countries move to revive their ailing national carriers.
The airline will operate both medium and long-haul fleets in the Democratic Republic of Congo, comprising De Havilland Canada Dash 8-400s, Boeing 737s, and two 787s.
Additionally, Ethiopian Airlines is involved in starting a new airline in Zambia, which is expected to be up and running next month, with Ethiopia holding a 49 percent stake and Zambia having a controlling stake of 51 percent.
According to Tewolde GebreMariam, the airline's chief executive officer, the carrier has signed an agreement with the government of the Democratic Republic of Congo, which owns 51 percent of the airline, and 49 percent is with Ethiopian Airlines.
Furthermore, Ethiopian Airlines plans to restart operations of the Mozambique carrier after terminating services in May due to the impact of Covid-19 on the aviation sector.
The airline has strategic partnerships with ASKY in Togo, Malawian Airlines, and Chad-based Tchadia Airlines, as well as a management contract with Ceiba Intercontinental in Equatorial Guinea.
