Ethiopian Airlines and the government of Chad have signed an agreement to launch Chad’s new national carrier, Tchadia Airlines on October 1, officials said on Friday.
Ethiopia’s state-owned flag carrier is in talks with a number of African states to acquire stakes and manage operations – a strategy aimed at gaining a competitive advantage against rivals such as those in the Gulf.
The airline is ranked by the International Air Transport Association (IATA) as the largest carrier in Africa by revenue and profit, outpacing regional competitors Kenya Airways and South African Airways.
On Friday, the head of Chad’s Civil Aviation Authority Mahamat Adjam said government will have 51 per cent of the new company, while Ethiopian Airlines will own the rest.
“The inaugural flight is planned for October 1 but the first destination has yet to be determined,” he said, adding the carrier would start off with…
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