Ethiopian Airlines has announced it has signed an agreement with the Zambian government to relaunch Zambia Airways 24 years after the airlines went into liquidation, the company said.
In a joint statement with Zambia´s Industrial Development Corporation, Ethiopian Airways said it expects to operate 12 planes by 2028.
Ethiopia´s flag carrier said it would own 45% of the revamped Zambian airline, while Zambia would own 55%. The airline´s initial investment will be USD 30 million.
Zambia Airways will launch local and regional routes this year, while intercontinental routes, including Europe, the Middle East and Asia, will be added.
