Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines - Hallo friendsNOT SOME IMPORTANT INFORMATION, In the article you read this time with the title Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article capital markets, Article economy, Article health, Article News, Article politics, Article sports, We write this you can understand. Alright, good read.

Title : Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines
link : Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines

Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines

Eritrean Airlines Boeing 767-238(ER) - Photo Credit: Paul Morris

Ethiopian Airlines to Buy 20pc Stake in Eritrean Air


By Hellen Githaiga | The East African

The Ethiopian Airlines is set to acquire a significant stake in the Eritrean flag carrier, a government official has said.

“Ethiopian Airlines to purchase 20 per cent of Eritrean Air,” tweeted Ethiopia’s Communication Minister Ahmed Shide on Tuesday.

Ethiopia has also reactivated its bilateral air services agreement with Eritrea that will allow its national airline fly over its neighbour’s airspace and save on fuel costs.

The announcement comes as Africa’s biggest airline resumes flights from Addis Ababa to Asmara on Wednesday after a hiatus of 20 years.

Last week, Ethiopian Airlines said tickets sold out in just hours, a day after the leaders of the two neighbours and longtime foes declared their “state of war” over.

“We agreed that the airlines will start operating, ports will be accessible, people can move between the two countries and the embassies will re-open,” said Ethiopian Prime Minister Abiy Ahmed at a dinner with Eritrean President Isaias Afeworki to celebrate the end of the two-decade feud.

Bus operations between the two countries are also resuming with Mr Ahmed saying there will be four routes:

Addis Ababa – Adigrat – Zalambasa – Asmara; Addis Ababa – Mekelle – Adwa – Rama– Mereb – Asmara; Addis Ababa – Gonder – Humera – Asmara; Addis Ababa – Awash Arba – Decheto – Bure– Assab.

“These are the new routes [to be] used for buses to travel to Eritrea,” he said on Tuesday.

Thus Article Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines

That's an article Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Ethiopian Airlines to Buy 20 Percent Stake in Eritrean Airlines with the link address https://notsomeimportant.blogspot.com/2018/07/ethiopian-airlines-to-buy-20-percent.html

Tweet

Subscribe to receive free email updates: