One of Africa’s most sought-after advisers on M&A deals in aviation spells out the recipes for success for the industry in Africa.
Ethiopia to open up state-owned Ethiopian Airlines and telecoms firm to investors for the first time.
“In Africa we need to think big like China. We have too many tiny little airlines trying to make money operating on their own.”
Ethiopian Airlines has signed an agreement with South African aerospace company Aerosud to establish a joint-venture manufacturing company.
At a time when the African aviation industry is performing poorly, Ethiopia’s national carrier is recording record profits and expanding its fleet.
The government of Ethiopia is keen to retain state control of a variety of companies but none more so than Ethiopian Airlines. The company is …