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Forum => Kenya Discussion => Topic started by: RVtitem on August 31, 2017, 11:33:29 PM

Title: Ethiopian Airlines in talks to take over Nigeria's Arik Air
Post by: RVtitem on August 31, 2017, 11:33:29 PM
Ethiopian Airlines, which is Africa's most profitable carrier, is negotiating with the Nigerian government to take over management of the recently bankrupted Arik Air, a senior Addis Ababa official has confirmed today.

“Following the bid opened by the Nigerian government, we are negotiating to secure management contract of Arik Air,” Esayas Weldemariam, director of International Service at Ethiopian Airlines Group said this morning.

If successful, the deal would see Ethiopia's national carrier expand its presence in western Africa.


http://www.businessdailyafrica.com/corporate/companies/Ethiopian-Airlines-confirms-plan-to-take-over-Nigeria-s-Arik-Air/4003102-4077156-c5d40bz/