Ethiopian Airlines to Take 45% Stake in Zambia Airways
2018-01-17Reading Time: < 1 minute Star Alliance carrier Ethiopian Airlines has finalized a strategic partnership with the Zambian government on the re-launch of Zambia Airways, taking a 45% stake in the airline. On Jan. 16, Ethiopian announced it had finalized a shareholders’ agreement with the Zambian government, which will retain a controlling 55% shareholding. Lusaka-based Zambia Airways will become Ethiopian’s […]