New national carrier for Malawi


According to Nyasa Times, Malawi Airline Limited will be run in partnership with Ethiopian Airlines.

Malawi Airline Limited replaces Air Malawi, after the national carrier failed for years to turn a profit. It struggled with flight delays, cancellations and suspensions, and was finally disbanded earlier this year.

In a deal to get a new national carrier in the air, servicing local, regional and international routes, Ethiopian bought a 49% stake in the new Malawi Airline, adding two planes to the fleet.

Of the Malawian Government’s 51% shareholding, 31% will be given to Malawian citizens interested in being part of the company.

To pay off some debts, liquidators for Air Malawi are selling three planes to interested parties.

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