Contract between Zambia Airways and Ethiopian Airlines will not be reviewed

Date:

Share post:

Keep Up with Addis Insight

Add us to your Google Preferred Sources to see updates first.

Follow Source

The launch of Zambian Airways which is a partnership between the Industrial Development Corporation and Ethiopian Airlines has missed several launch deadlines with the latest being December when it was due to take to the skies.

GUZOFOREX
PRO ACADEMY
Learn Forex. Understand the Markets.
Practical financial-market education built for Ethiopian traders.
START LEARNING →

Minister of Transport and Logistics Frank Tayali says the government will not be reviewing the Zambia Airways principal shareholders agreement signed with Ethiopian Airlines and that the fundamental principles will not change.

Minister of Transport and Logistics Frank Tayali, however, states that the government through the Industrial Development Corporation (IDC) is reviewing attendant agreements with Ethiopian Airlines to ensure that its terms and conditions are equitable and do not in any way disadvantage the Zambian government.

Elsewhere, Ethiopian involvement in the launch of a new airline will help the airlines to expand inter-African routes further because the connectivity within the continent is still not well. “We have the AOC, the aircraft—51% will be held by the government and 49% by us,” Ethiopian Airlines CEO mentioned.

The Minister was responding to a question by Kantanshi member of parliament Anthony Mumba who wanted to find out whether the government has any plans to urgently review the contract between Zambia Airways Limited and Ethiopian Airlines, to ensure a win-win situation, before the launch of the national airline scheduled for 1st December 2021.

Addis Insight
Addis Insighthttps://www.addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

Ethiopia’s Immigration Service Sees Massive 10x Revenue Spike

The Ethiopian Immigration and Citizenship Service (ICS) has pulled off a staggering financial turnaround, increasing its annual revenue...

The Post- Ethiopian National Dialogue: A New Hope or Doomed from the Start?

By Eyob Asfaw * For a long time, I used to blog about the Ethiopian affair, lamenting the perpetual...

When Care Ends, Who Takes Over?

“As Leave No Youth Behind reaches the end of its five-year run, the question is no longer onlyhow...

KEFI Halts Ethiopia’s Tulu Kapi Gold Project After Fatal Security Incident.

September 7, 2026 KEFI Gold and Copper has suspended development activities at its Tulu Kapi Gold Project in Ethiopia...