Airline Finance Guide 2015
Jordan Banner 2015
SMART Atlanta
Click here to Advertise

The world air service development magazine

Routes OnlineSubscribe
& follow
facebook-top-icon twitter-top-icon google-top-icon rss-top-icon mail-top-icon app-top-icon
Critical Issues

Critical Issues

Addressing aviation's biggest challengers was the source of much debate, taking in airport infrastructure, regulation, profitability, privatisation and sustainability.
Ripe for conversion?

Ripe for conversion?

In time for a new B737-800 PTF conversion programme, Martin Roebuck examines the market for converted B737-800 aircraft. 
Serious intent

Serious intent

Big data could transform route development strategies, writes Matthew Parsons.
Airline one2one: Tim Clark

Airline one2one: Tim Clark

Emirates president Tim Clark shares his views on competition, growth, the A380 and safety.
Routes 20th Anniversary Book
To sponsor Routes News, please Click here

Malawian Airlines ready to launch

News Friday, 12 July 2013 16:12 Written by 

Malawi and Ethiopian Airlines have signed an agreement to get a new carrier flying after the collapse of the national carrier, Air Malawi.

Ethiopian Airlines will have a 49% stake in the new airline, with the government making 31% available to Malawian investors and holding the remaining 20%, according to media reports.

 

Air Malawi halted its flights in February after entering voluntary liquidation last year.

 

The carrier flew to Dar es Salaam, Harare, Johannesburg OR Tambo, Lilongwe and Lusaka from a main base at Chileka International Airport (BLZ) at Blantyre.

 

In February, Ethiopian Airlines was declared the "preferred bidder" by Malawi’s Private Public Partnership Commission (PPPC) as a strategic equity partner for a restructured national airline.

 

At a press conference to announce the deal with Ethiopian Airlines, Jimmy Lipunga, CEO of the PPPC, reportedly said the government would invest $20m into the company.

 

Air Malawi’s fleet - a B737-300, a B737-500 and an ATR 42-300 - is now on the market to help clear the company debts, according to media reports.

Disqus

Click to launch the full edition in a new window.

Popular this week

Subscribe to the newsletter

Email
Copyright © 2011 Routes News  |