in Air Transport / Business & Finance

Zambia Airways relaunches

Posted 22 August 2018 · Add Comment

Following signing of a shareholders agreement in Lusaka on Sunday between the Zambian Government and Ethiopian Airlines, Zambia Airways has been relaunched with its inaugural flight set for the beginning of next year.



According to a statement from the Zambian Government's Industrial Development Corporation (IDC), Zambia Airways is expected to complete certification and start flights on 1 January 2019, rather than as originally planned on Zambia's independence day (24th October).

As strategic equity partners on the national airline project of Zambia, IDC will hold 55% in the carrier and Ethiopian Airlines 45%. Initial investment will be US$30 million and the aim is to operate 12 aircraft by 2028.

IDC chief executive Mateyo C. Kaluba said: "We have a clear sense of the direction we need to take in order to ensure the fortunes and secure growth of the national airline.

"We will instil a performance-driven culture through strong corporate governance structures and make Zambia Airways commercially viable."

The IDC statement also said Zambia Airways will launch local and regional routes with intercontinental flights to destinations including Europe, the Middle East and Asia to follow later.

 

 

Other Stories
Advertisement
Latest News

El-Houry: CEO with a license to grow

Hassan El-Houry, head of Kuwait-based National Aviation Services (NAS), wants to make up for lost time and resume the growth story of this privately owned airport services group. Mark Pilling met him.

Thales elevates the inflight entertainment experience with AVANT Up

AVANT Up is Thales’s latest evolution of industry leading inflight entertainment (IFE) solutions.

Moment provides wireless IFE solution aboard Air Cairo fleet

Moment has entered a partnership with Air Cairo. The airline’s fleet will be equipped with the Flymingo box, Moment’s Wireless In-Flight Entertainment system, to elevate passenger experience and contribute to enhanced comfort in the

Ethiopian starts operating flights with fully vaccinated crew

Ethiopian Airlines Group has started operating flights with fully vaccinated crew against COVID-19 to keep travellers safe in light of the pandemic.

Tunisia beaming with boosted radar coverage

The installation of a new monopulse secondary surveillance radar (MSSR) at Akouda, near Sousse, represents a significant enhancement of radar coverage over and around Tunisia. Alan Dron reports.

Delta Air Lines and Kenya Airways boost connectivity

Delta Air Lines and Kenya Airways have expanded their codeshare agreement, increasing the choice of destinations offered by Delta in Africa and extending Kenya Airways’ reach in North America via the U.S. gateway of New York-JFK.

WDS SK2601090322
See us at
Aviation MENA 2022DAS21_BTAviation Africa 2021 BTOCWDS BT1202090322