Sunday, 7 April 2019

Ethiopian Airlines signed agreement with Guinea Government to form Guinea Airlines

Report by : Gan Yung Chyan
                  / KUCINTA SETIA



According to the Press Release by the Government of Guinea in Africa on 5 April 2019, Ethiopian Airlines has signed the agreement with the Government of Guinea to form the joint-venture Guinea Airlines. Ethiopian Airlines holds the stake of 80 per cent in Guinea Airlines while the Government of Guinea holds the stake of 20 per cent.

The Government of Guinea hopes Guinea Airlines will start operations in due course. The African country does not have the national airline since Guinee Airlines, formed in 1999, ceased operations in 2004.

Currently, Ethiopian Airlines has investment stakes in many other African national airlines including Asky Airlines and Malawian Airlines.

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