Nigeria Air Set to Commence Operations in October, Ethiopian Airlines CEO Reveals

Nigeria Air Set to Commence Operations in October, Ethiopian Airlines CEO Reveals

Indications have surfaced indicating that Nigeria’s new national carrier, Nigeria Air, is poised to initiate its operations in the upcoming month of October.

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This disclosure comes from none other than Mesfin Tasew, the Chief Executive Officer of Ethiopian Airlines, who shared this insight during an interview with Bloomberg TV.

Emergence Amidst Controversies

This development emerges against the backdrop of numerous controversies that have enshrouded the airline’s launch, a project that was initiated during the administration of former President Muhammadu Buhari.

The preceding administration’s decision to launch the airline had stirred considerable debate and discussion.

A Flashback to the Launch

In the timeline of May 2023, Hadi Sirika, the former Aviation Minister of Nigeria, unveiled the airline just two days prior to the conclusion of the administration’s term.

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This introduction was made with the presentation of an aircraft, symbolizing the inauguration of the carrier.

Insight into the Operational Plans

Ethiopian Airlines CEO, Mesfin Tasew, provided valuable insights into the forthcoming operations of Nigeria Air.

During the interview, Tasew shared that the airline’s initial operations would involve the utilization of two wide-bodied planes and six narrow-bodied aircraft.

Tasew expressed the airline’s eagerness to bridge the local market with the international one.

A Management Collaboration

Highlighting the operational strategy, Tasew conveyed that Ethiopian Airlines would play a pivotal role in the management of Nigeria Air.

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The purpose behind this collaboration is to establish a successful flag carrier for Nigeria.

Tasew emphasized that Ethiopian Airlines would be entrusted with a management contract to ensure the airline’s prosperity.

Stakeholder Structure

The CEO elaborated on the stakeholder distribution within Nigeria Air.

He revealed that Ethiopian Airlines holds a 49 percent stake in the airline, while the Nigerian government possesses 5 percent.

The remaining ownership is distributed among various institutional investors.

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In conclusion, the imminent commencement of Nigeria Air’s operations in October, as disclosed by Ethiopian Airlines CEO Mesfin Tasew, brings a ray of anticipation amidst the previous controversies that have swirled around the launch of the national carrier.

The collaboration between Ethiopian Airlines and the Nigerian government, along with other stakeholders, aims to pave the way for a successful and enduring aviation venture.

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