The CEO of Ethiopian Airlines said that privatization plans, sanctioned by Ethiopia\u2019s ruling party last month, are more likely to see foreign involvement in various operating units than an outright stake sale, given that airliner already makes a significant economic contribution to the nation while being efficient, competitive internationally and able to raise capital for growth.<\/p>\n
Of the group\u2019s seven or eight business units, some will be \u201cvery attractive\u201d to investors and could also benefit from outside involvement, he said. He cited the airline\u2019s hotel business, airports and aerospace manufacturing division where negotiations are underway with companies including Boeing, Airbus and Bombardier. The carrier\u2019s logistics arm, which has a venture with Deutsche Post AG\u2019s DHL brand, could be transformed into a joint holding giving the German company a 49 percent stake \u201cwithin weeks.\u201d […] CONTINUE READING<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The CEO of Ethiopian Airlines said that privatization plans, sanctioned by Ethiopia\u2019s ruling party last month, are more likely to see foreign involvement in various operating units than an outright stake sale, given that airliner already makes a significant economic contribution to the nation while being efficient, competitive internationally and able to raise capital for […]<\/p>\n","protected":false},"author":1,"featured_media":227359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-227193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2018\/07\/Ethiopian-Airlines.jpg?fit=819%2C576&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-X6p","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/227193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=227193"}],"version-history":[{"count":10,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/227193\/revisions"}],"predecessor-version":[{"id":227360,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/227193\/revisions\/227360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/227359"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=227193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=227193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=227193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}