in General Aviation

Ethiopian and DHL Global Forwarding form joint venture

Posted 27 July 2018 · Add Comment

Ethiopian Airlines and DHL Global Forwarding have signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services to build the Leading Cargo Logistics provider JV company in Africa.

 

The company will be based in Ethiopia and do business in the entire continent of Africa, enhancing Ethiopia’s logistics infrastructure and connections.

Ethiopian Airlines, which assumes a majority stake in this joint venture, will provide regulatory and operational support as DHL Global Forwarding establishes air, ocean, and road freight connections between Ethiopia’s main trade hubs and the rest of the world. Pramod Bagalwadi, a DHL veteran with over two decades of experience in management roles within the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Pramod, who currently leads the Industrial Projects Team for DHL in Sub-Saharan Africa and a strategic business partner for the company in the region.

“With its GDP growth, Africa is stepping into the spotlight as production hub. Recent moves to open up the economy will continue to boost Ethiopia’s position as the fastest-growing economy in Africa, and under Pramod’s leadership, the company will be able to provide a scalable and durable logistics infrastructure to safely handle the sensitive needs of its core industries,” said Amadou Diallo, CEO, DHL Global Forwarding Middle East and Africa. 

“Logistics is key to support Africa’s fast economic growth and industrialisation drive. Ethiopian has, therefore, partnered with DHL who has a proven expertise and experience in the logistics sector, with a view to avail the right logistics solutions in terms of cost, time and quality. We have had a longstanding and mutually rewarding partnership with DHL, and with this JV we aim to make the country a logistics hub for Africa,” said Tewolde GebreMariam, CEO, Ethiopian Airlines Group.

* required field

Post a comment

Other Stories
Advertisement
Latest News

AS365N Dauphins for Djibouti

As part of an ongoing expansion programme, Djibouti’s small air arm, the Force Aérienne du Djibouti (FAdD, Djibouti Air Force), has taken delivery of four newly refurbished AS365N Dauphins.

MEBAA Show Morocco gearing up for September event

Business aviation exhibitors across the world are keen to take advantage of the region’s opportunities by promoting their products and services at the MEBAA Show Morocco, taking place 25-26 September at Marrakech Menara Airport.

Cabo Verde Airlines adds services to Lagos

Cabo Verde Airlines will start flying to Lagos, Nigeria, from December 9.

Launch of the Air Mauritius Flying Academy

The Flying Academy of the Air Mauritius Institute (AMI) launched today offers pilot training for an ATPL license recognised by the International Civil Aviation Organization.

New kid on the block is not kidding around

Allan Kilavuka became CEO of Kenya Airways’ low-cost carrier (LCC), Jambojet, in January 2019, succeeding industry veteran Willem Hondius. Kilavuka talked to Victoria Moores about how it felt to fill those shoes, as a complete

Lufthansa Technik sets up shop in South Africa

Lufthansa Technik has become the first foreign MRO provider to establish line maintenance operations in South Africa through a new contract with Comair – and it bodes well for the region. Chuck Grieve reports.

Aviationgate SK1007101019
See us at
AVAFA20BT2207050320MEBAA BT2006260919Dubai AS BT2006211119