Partial privatisation of Ethiopian Airlines on hold - News Summed Up

Partial privatisation of Ethiopian Airlines on hold


The Ethiopian government has “temporarily” suspended plans for the partial privatisation of its flag carrier Ethiopian Airlines (ET, Addis Ababa), following a review of its performance during the COVID-19 pandemic. According to the ch-aviation fleets advanced module, Ethiopian Airlines had an established cargo division of two B737-800(SF)s and nine B777-200Fs prior to the pandemic. The partial privatisation of Ethiopian Airlines was due to be part of economic and political reforms ushered in after Prime Minister Abiy Ahmed came to power in 2018. Other than Ethiopian Airlines, the government also has plans for the partial or full privatisation of selected state-owned enterprises, including Ethiopia’s railway service, Ethio Telecom, hydro plants, sugar factories, industrial parks, hotels, and maritime transport. Ethiopian Airlines is currently wholly state-owned.


Source: Ethiopian News October 19, 2020 00:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */