Ethiopian Airlines has confirmed it will take a 49% stake in newly created Malawian Airlines, after inking a shareholder agreement for the new carrier in Lilongwe July 11. Co-owners in the Air Malawi successor will include the Malawian government and private Malawian investors, which will jointly own 51% of the airline. “Through this strategic partnership, Ethiopian and the newly formed Malawian Airlines will harmonize their flight schedules so as to provide seamless and best ...

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