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Ethiopian Airlines moves to takeover Nigeria's Arik air

01 Septembre 2017

This means that the Ethiopian customer base will continue to take advantage of Ethiopian Airlines' regional expertise, and Travelport's revolutionary products and services, including the industry-leading point of sale solution for agencies, Travelport Smartpoint, which was recently upgraded to further boost agent efficiency.

Official statistics show that Arik Air lifts half of Nigerian air passenger traffic on the domestic route.

"We are capable and desirous of handling the airline", he added.

Arik's Managing Director Captain Roy Ilegbodu reported in August that the company had stabilized under AMCON's leadership, with services running smoothly and salaries paid.

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WoldeMariam did not specify details of the offer, but added that he expects to face competition for Arik from global airlines.

The Addis Ababa flag carrier, which began operations in April 1946, has won several accolades in the recent past including African Airline of the Year in 2015 and 2016 by the African Aviation and in 2014 ranked the largest in Africa in revenue by the International Air Transport Association (IATA).

Ethiopian Airlines also manages Asky Airlines in Lome, in a joint ownership with the Togo government, and the Malawian Airlines, also jointly with the government.

"Following the bid opened by the Nigerian government, we are negotiating to secure management contract of Arik Air", Mr Esayas said, responding to the rumours about the impending deal.

Ethiopian Airlines moves to takeover Nigeria's Arik air