Ethiopian eyeing stake in Congo Airways

Ethiopian-Congo AirwaysEthiopian Airlines is considering taking a strategic stake in Congo Airways as part of its Pan African ambition to reach markets that have been held back by a lack of liberalisation across the continent.

Speaking at the Skytrax awards ceremony in Farnborough today chief executive Tewolde Gebremariam said there were ongoing discussions with the Congo airline, but said that the timeline and the full details of any proposed purchase were still not clear.

“These things, you cannot control them,” he said. “It depends on the governments.”

Flightglobal reported that Ghana’s government has also expressed an interest in partnering with Ethiopian to create a new national carrier for the West African country. “They have asked us and we have given them our expression of interest so let’s see how it goes,” says Gebremariam.

The Star Alliance member already has a 49% stake in Malawian Airlines and a 40% stake in Togo-based ASKY. (africanaerospace)

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