The Zambian government and Ethiopian Airlines have formalized an agreement to form Zambia Airways. Zambia’s Industrial Development Corp. (IDC) Group CEO Mateyo Kaluba, and Ethiopian Airlines’ Group CEO Tewolde Gebremariam signed documents in the Zambian capital, Lusaka, on Aug. 19 setting out their positions as shareholders of the new national carrier. The IDC will hold 55% of the carrier’s shares, with Ethiopian Airlines holding 45%. Initial investment in ...

Subscribe to Access this Entire Article

"Ethiopian Airlines invests in new Zambian national carrier " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.