Ethiopian forms new Aviation Holding Group

Eleanor Steed
By Eleanor Steed September 7, 2017 17:32

Ethiopian forms new Aviation Holding Group

Ethiopian Airlines Group has merged with Ethiopian Airports Enterprise (EAE) to form the African country’s new Aviation Holding Group, which comprises: EAE, Passenger Airline, Cargo Airline & Logistics Company, Ethiopian Aviation Academy, Ethiopian Inflight Catering Services, Ethiopian MRO Services and Ethiopian Hotel & Tourism Services.

“The holding company came on the scene with Ethiopian Airlines’ 15-year strategic plan dubbed ‘Vision 2025’. The companies under Ethiopian Airlines have been preparing themselves to stand autonomously for the last seven years since the launch of the plan,” said the airline group in a statement.

Ethiopian Airlines Group chief executive Tewolde Gebremariam said of the merger: “The primary objective of the merger is to make our airports’ services more effective and efficient so as to enable it provide global standard customer services with the aim of promoting competitiveness with international airports in the region.”

Eleanor Steed
By Eleanor Steed September 7, 2017 17:32