Ethiopian Airlines, the largest Aviation Group in Africa has finalized an agreement with the Government of Chad for the launch of Chad national carrier. Ethiopian has a 49% stake in the joint venture while the Government of Chad retains 51%.
The new Chad National Carrier is planned to go into operation as of October 1, 2018.
Through its multiple hubs strategy in Africa, Ethiopian currently operates hubs in Lomé (Togo) with ASKY Airlines and Malawian in Lilongwe (Malawi), while having the already acquired stakes in Zambia’s and Guinea’s national carriers and making preparations to launch Ethiopian Mozambique Airlines.