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Africa is ready

Africa is ready

Next year will see the 21st World Route Development Forum head to Africa for the first time when the event comes to the coastal city of Durban. 
Back on top

Back on top

New business strategies and dozens of new routes have helped Chicago O’Hare reclaim its status as the world’s busiest airport for aircraft movements, writes Jonny Williamson.
Daring to be different

Daring to be different

Unable to equal the size or history of its biggest peers, Jonny Williamson discovers how Etihad Airways tore up the rulebook and found an alternative route to success.
Growth trajectory

Growth trajectory

CEO, Thomas Schnalke, talks to Joe Bates about rising traffic figures, an expanding route network and the growth potential of Düsseldorf Airport.
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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.

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