New airline, Zambia Airways, to be 45% owned by Ethiopian

posted on 5th January 2018 by yumna
New airline, Zambia Airways, to be 45% owned by Ethiopian

A newly launched airline, Zambia Airways, is set to receive a 45% ownership stake from Ethiopian Airline.

Zambia will retain a majority 55% stake, while Ethiopian takes the minor, although still substantial.

The Ethiopian government has said that the airline will be ran as a partnership between the two.