Read Aloud the Text Content
This audio was created by Woord's Text to Speech service by content creators from all around the world.
Text Content or SSML code:
The 97-room Ethiopian Skylight In-Terminal Hotel is connected to Departure Terminal 2, within walking distance of the departure gates. This comes on top of the 373-room Ethiopian Skylight Hotel, built on 40,000 square metres land located at about five minutes’ walk from the airport with as facilities, 27 presidential and executive suites, four restaurants, a conference and banquet hall able to handle 2,000 persons, Swimming pool, gym, health centre, café and gift shops. How Ethiopian Airlines intends to dominate the African skies. A member of the Star Alliance, Ethiopian Airlines African presence and influence doesn't end with the airline itself. In fact, Ethiopian Airlines, as a larger company has stakes in numerous other African airlines, giving it more influence than meets the eye. it has strategic partnerships and hubs with stakes in several African carriers to varying degrees. Here are just a few that we know of. Let’s start with. Lome in Togo. Ethiopian Second Hub after Addis Ababa is Lomé. In Lomé Ethiopian Airlines has developed a strategic partnership with AH SKY, a privately-owned multinational airline born in Togo with Lomé as its African headquarters and main hub with a network of 26 flight destinations in Africa. Ethiopian Airlines invested in Ah sky for 40% ownership of the company. Ah sky other shareholders include the multinational Ecobank, the Ecowas Bank for Investment and Development, Ebid, and the West African Development Bank, WADB. Ethiopian Airlines foothold in Lomé confirms its acknowledgment of the growing demands for safe, reliable and competitive air transportation services in Central and West Africa. As the major shareholder with aviation expertise, Ethiopian Airlines has a management contract with Ah sky to manage and operate its services and has various codeshares with Ah sky. In the codesharing commercial arrangement, on a number of flight routes, both airlines sell seats on flights operated by the other, while keeping their own flight number. This happens a lot on routes operated by both airlines and where your booking is made from either of them. Here is an example from our Tour of Discovery. We were expecting our flight to be on ET 1002 Abidjan to Lomé but it was on Ah sky KP11 flight as printed below here. You can read, Operated by Ah sky. Ethiopian’s cooperation and partnership with Ah sky Airline has introduced new connectivity between west Africa and Ethiopian worldwide network. Frequent travellers may have noticed these days that for their long haul flight to America for instance, they are all brought to Lomé hub by Ah sky and picked up by Ethiopian Airlines. Lilongwe (Malawi) is Ethiopian Third Hub. The shareholder agreement was signed between Ethiopian and Malawi Airlines on July 11, 2013 allowing Ethiopian Airlines to acquire a 49% stake in Malawi's flag carrier in southern Africa. According to Quartz, it also operates the airline. Thru this strategic partnership, Ethiopian and the newly formed Malawi Airlines harmonize their flight schedules so as to provide seamless and best connectivity options for travellers within, to and from the Southern Africa region. Tchadia Airlines. Ethiopian Airlines started a new hub at N’djamena, Chad in partnership with Chad Government by forming an Equity Partner Airline, Tchadia Airlines. The operation commenced on the 1st of October 2018 giving connectivity to domestic, Central Africa, Sudan and West Africa route with Ethiopian Global Network. Anna aero, the online network news and analysis website, points out that the Chad Government controls 51 % of Tchadia, while Ethiopian Airlines owns the remaining 49%. Ethiopian Mozambique Airlines. Ethiopian Airlines started a new hub at Maputo, Mozambique in Equity partnership with Ethiopian Mozambique Airlines on 1st December2018 giving connectivity with the rest of Mozambique destinations for Ethiopian Global Network. Ceiba Intercontinental. Ethiopian entered in to an agreement with ceiba Intercontinental Airlines, a regional Airline with a hub at Malabo, Equatorial Guinea for a management contract on the 22nd of February 2018. They are currently working together ensuring the connectivity of the domestic destinations with Spain and the rest of Ethiopian Global Network. Zambia Airways. According to Southern Times Africa, the Ethiopian Airlines group put forth US$13.5million towards the revival of the long-forgotten airline. Established in 1964 but went under in 1995 following liquidity challenges, Zambia Airways is now 45% owned by Ethiopian Airlines. Finally, on Friday, 23 September 2022 the Nigerian aviation minister, announced Ethiopian Airlines as the chosen bidder for shares in the new Nigerian airline, Nigeria Air. In the deal, Ethiopian Airlines will own 49% of the new airline, the Nigerian Sovereign Fund 46%, and the Nigerian federal government 5%. At this point, it seems like Ethiopian Airlines is unstoppable as it becomes larger and seemingly more stable and established across the continent. Its method of having significant ownership in various smaller airlines across the continent will give all respective countries involved, the pride of having a national airline, without the full risk of funding one from the ground up. Furthermore, with Ethiopian's backing comes implied cooperation with the airline itself. The main worry with this, then, is a lack of true competition - which may ultimately be bad for the African traveller. On the other hand, in the face of stiff competition from the likes of western and Asian airlines, the emergence of a stronger, stable, well managed and respected African airline like Ethiopian airline from the midst of struggling African airlines, while at the same time, propping up or reviving many of them and creating jobs throughout Africa can only be good for Africa.