Ethiopian Airlines has finally broken its silence over its involvement in the controversial Nigeria Air project launched by the last administration of President Muhammadu Buhari.
The largest airline in Africa through its Group Chief Executive Officer, Mr. Mesfin Tasew disclosed that the airline was almost withdrawing from the deal but it was prevailed upon by the federal government.
Tasew said,"Ethiopian Airlines didn't have any intention or plan to set up an airline in Nigeria. In May of 2022, when I took my current responsibility , a request came from the Nigerian government asking ET to participate in a bid and help the Nigerian government to set up a Nigerian flag carrier. It came in writing.
It would be recalled that the federal government had unveiled Ethiopian Airlines as the equity partner for the airline with 49 per cent stake while the FG would have five per cent share with the remaining 46 per cent going to Nigerian investors. The Airline CEO said while the Nigeria Air would not kill the domestic carriers, the local airlines are not dependable.
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