Ethiopian Airlines in Talks for Stake in Eritrean Airlines

ASMARA (Reuters) - Ethiopian Airlines is in talks to take a stake in Eritrean Airlines and a study will be conducted to determine the size of the acquisition, the Ethiopian carrier’s chief executive said in an interview on Thursday.

“We are assessing the situation of Eritrean Airlines right now,” Tewolde GebreMariam told Reuters during a visit to the Eritrean capital Asmara. “I spoke with the CEO yesterday. They have one leased airplane - a (Boeing) 737. We have started discussions.”

Read more: https://www.reuters.com/article/us-ethiopia-eritrea-airlines/ethiopian-airlines-says-it-is-in-talks-for-stake-in-eritrean-airlines-idUSKBN1K91IU