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Ethiopian Airlines wins bid for core investor in Nigeria national carrier

Last updated: September 24, 2022 5:56 am
3 years ago
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1 Min Read
AITNEWS 13

Minister of Aviation, Hadi Sirika says Ethiopian Airlines has emerged as.core investor in the Nigerian national carrier, Nigeria Air, following a successful bid.

The Minister who disclosed this to journalists in Abuja, the nation’s capital said Ethiopian Airlines emerged winner after meeting the bidding criteria and deadline and will have 45% controlling shares in the airline.

Sirika also pointed out that while Ethiopian Airlines has 45% equity, other consortiums hold 46% while the Federal Government will have only 5% equity in the carrier project..

The Aviation Minister also noted that the Federal Government spent less than N400 billion on the project as efforts are being made to launch Nigeria Air before the end of 2022.

On Friday, Nigeria Air Limited in a statement said it would launch operations with Boeing 737-800 (NG) aircraft, saying that B787 aircraft, which will be for international operations would follow thereafter.

The statement said that the Nigeria Air is now recruiting qualified crew for experienced, and current B737 Captains, First Officers Senior Cabin Crew and Cabin Crew as well as Engineers.through an application portal.

(Editor: Terverr Tyav)

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