Deals
Ethiopian Air Seeks Africa Dominance With New Carriers, Jet Deal
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An Ethiopian Airlines Dreamliner jet.
Photographer: Jenny Vaughan/AFP via Getty Images
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Ethiopian Airlines Enterprise plans to establish half a dozen international offshoots before the end of the year as Africa’s biggest carrier steps up efforts to dominate markets across the continent.
Ethiopian will take equity stakes in new operators in Zambia, Chad, Mozambique and Guinea while helping to manage existing carriers in Equatorial Guinea and the Democratic Republic of Congo, Chief Executive Officer Tewolde GebreMariam said in an interview.