Ethiopian has 45 percent stake in the joint venture while Industrial Development Corporation Limited (IDC) retains 55 percent, the shareholders have contributed USD30 million in capital towards the ...

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African start-up carrier Zambia Airways is set to commence domestic services on 1 December, operating from the capital Lusaka to the city of Ndola. The carrier is being set up in partnership with ...

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Ethiopian Airlines has finalized preparations for the launch of Zambia’s new national carrier, Zambia Airways, which is to start operations Dec. 1. Ethiopian holds a 45% stake in the joint venture, ...