Arik Air to be taken over by Ethiopian Airlines
Written by Chizoba Gule on November 17, 2017
Africa’s most profitable airline, Ethiopian Airlines is in the negotiation process of taking over Arik Air.
Arik Air is West Africa’s largest airline.
Head of International service, Esaya Woldemariam states that the negotiations were started based on a request made by the aviation ministry of Nigeria.
The West African airline was taken over by the Nigerian Government as it is reported to have been operating at a loss.
Taking over Arik would provide Ethiopian Airlines a major presence in Africa.
MSN reports that it would allow Ethiopia access to Africa’s top economy.