Ethiopian and RwandAir Negotiate Details in Merger Talks | Aviation International News

Ethiopian and RwandAir Negotiate Details in Merger Talks

Ethiopian appears to have beaten off competition from Etihad Airways to buy a 49 percent stake in RwandAir.

Ethiopian Airlines CEO Tewolde Gabremariam confirmed that an alliance with RwandAir is close to a formal launch. [Photo: Kaleyesus Bekele]

By Kaleyesus Bekele

February 29, 2016

RwandAir and Ethiopian Airlines expect in the next few months to formally establish a strategic partnership that would see the two African carriers working closely together. Under the terms of a deal provisionally reached earlier this month, Ethiopian Airlines will acquire a 49 percent stake in the smaller RwandAir, giving it the opportunity to create a new east African hub in the Rwandan capital Kigali. It will also gain representation on the RwandAir board and will provide technical assistance.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

ITA Airways Taps Archer for Italian Air Taxi Plans

Italy’s flag carrier is Archer’s first European airline partner

An artist’s rendering shows two Archer Midnight eVTOL aircraft in ITA Airways livery.

Airlines Confront Ongoing Impact of Middle East Conflict

High fuel costs and extended route disruption could force longer-term changes

Emirates Airline

Skyhop Plans Island Routes With Noemi's Electric Seaplane

Agreement between start-ups could lead to orders for up to 15 aircraft

Skyhop Aviation and Noemi Aerospace leaders

A220’s Performance Drives BermudAir’s Fleet Growth

Airline plans to gradually replace its Embraer E-Jet fleet

BermudAir Airbus A220

Air India Backs SkyDrive Emergency Medical eVTOL Plans

Partners say eVTOLs could accelerate response times in crowded Indian cities

SkyDrive plans eVTOL medical flights in India

Airbus Balances Shareholder Returns and New Aircraft

Rival Boeing arguably claimed bragging rights at the Farnborough International show

Airbus A350-1000

Virgin Firms Up eVTOL Air Taxi Alliance with Joby

Connections to London Heathrow and Manchester airports will start first

Joby eVTOL route network

ATR Chases New Regional Markets for Twin Turboprops

Iran war and wider geopolitical pressure stall buying decisions

ATR 42-600 in Papua New Guinea