Ethiopian, RwandAir negotiate details in merger talks

Ethiopian, RwandAir negotiate details in merger talks

(EBC, 01 March 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.

Ethiopian will also gain representation on the RwandAir board and will provide technical assistance.


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