Ethiopian Airlines bids to buy part of Air Malawi


The Ethiopian Airlines is planning to bid to buy a stake in the struggling airline of Malawi. The government of Malawi plans to sell 49 percent stake to a foreign airline and a local investor in the new flagship airline incorporated this month.

Tewolde Gebremaraim, Ethiopian CEO, who was attending African Airlines Association 44th Annual General Assembly (AGA), told reporters that Ethiopian wants to help Air Malawi. “They are our African brothers and we want to share our experience,” Tewolde said.

Ethiopian airlines will be competing against seven other companies which were selected to participate in the bids for the new Air Malawi flagship.

Amongst the bidding companies is Com Air of South Africa, which has had an on-off interest in Air Malawi for the past decade.

Malawi Privatisation Authority and Ernest & Young are handling the privatisation of Air Malawi on behalf of government.

Ethiopian is one of the three biggest African airlines. The others are South African Airways and Kenya Airways.

Subscribe to our Youtube Channel:



Please enter your comment!
Please enter your name here

Share post:

Featured Video

click to play


More like this

Chilima Proposes Relocation of Households from Hilly Areas to Tackle Disaster Issues

Vice-President Saulos Chilima says relocating households from hilly areas...

MP Onani asks Mutharika to honor Chakwera’s invitation

Dedza South Member of Parliament Ishmael Onani has called...

Lady Escapes Marriage After Two Weeks While She Was Already Pregnant, Things Took A Twist After Honeymoon

A Zimbabwean business man identified as Blessings Togarasei is...

Ex-Minister of Information Gospel Kazako donates two cows to flood victims

Former minister of Information and Digitilisation Gospel Kazako has...