Ethiopian Airlines Surviving Amid Pandemic

Image sourced from News 24 Ethiopian Airlines has offered to supply South African Airways with planes, pilots and maintenance services as part of a new venture with the South African government, reports Bloomberg. Ethiopian Airlines CEO, Tewolde Gebre Marium says that they’re looking at providing operational assistance and aren’t interested in “helping with debt repayments or the cost of reducing the workforce”. “We don’t want to deal with the legacy issues — the debt, labour claims and so on because that is very difficult for us not only in terms of financial outlay but also in terms of managing the restructuring,” says Gebre Marium. “We want to make it very easy for them to start the airline by providing aeroplanes, by providing expertise, pilots, technicians, leadership.” SAA, which has...