ETHIOPIAN AIRLINES BID TO RUN NIGERIA AIR
Ethiopian Airlines (ET) has officially submitted a bid to partner Nigeria in setting up its national carrier.
The Federal Government in London last month unveiled the name and logo of the new national carrier, indicating that it was seeking a strategic partner to invest up to $300 million on the airline.
Gebremariam, at a conference in Addis Ababa, Ethiopia, said: “We are among a small group with an interest in establishing a national carrier (in Nigeria)…we do not know the results (of the tender), though we are frontrunners.”
It is worthy to note that Nigeria’s federal government has experienced many difficulties in its efforts to create a new national carrier since Nigerian Airways ceased operations in 2003.
In the past, investors such as British billionaire, Sir Richard Branson and Nigerian entrepreneur, Jimoh Ibrahim withdrew their involvement in previous carriers, citing mismanagement and corruption.
What do you think about this move, good or bad idea?
