…As DRC Holds 51% Stake, ET 49%
Ethiopian Airlines, Africa’s largest aviation group and a SKYTRAX certified Four Star Global Airline, is partnering with the Government of the
Democratic Republic of the Congo (DRC) for the establishment of Air Congo.
The DRC government will hold a 51 per cent majority stake, while Ethiopian Airlines will retain
49 per cent share, and manage the airline.
Speaking on the partnership, Ethiopian Airlines Group CEO Mesfin Tasew said, “The launch of Air Congo is a significant step in our strategic plan to collaborate with African governments and enhance air transport across the continent.
“This partnership will provide greater connectivity for the DRC and Central Africa, facilitating investment, trade, and tourism, thereby contributing to socio-economic growth of the region. We extend our heartfelt thanks to the DRC government, all stakeholders, and my esteemed colleagues for their commitment and collaboration in making this partnership a success.”
Air Congo’s operations began with two Boeing 737-800 aircraft, serving domestic markets, starting with seven airports within the DRC.
Key technical agreements, includes : aircraft lease, comprehensive technical support, and systems support agreements have been signed between the two partners.
Ethiopian Airlines will also train Congolese nationals as pilots, cabin crew, sales and services staff, and technicians.
This initiative aligns with Ethiopian Airlines’ Vision 2035 strategy, which aims to establish multiple hubs across Africa, complementing existing partnerships with ASKY Airlines in Lomé, Malawi Airlines in Lilongwe, and Zambia Airways in Lusaka.
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