milipower.blogg.se

Direct liquidation
Direct liquidation










direct liquidation

The demise of Tchadia Airlines leaves ASKY Airlines, Malawi Airlines and Zambia Airways as Ethiopian Airlines’ active partner airlines. However, the venture was not the success Gebremariam had hoped for, and the liquidation mirrored that of Ethiopian Mozambique Airlines, which ceased operations in May 2021. Major destinations in the Middle East, Europe and Asia.” The new Chadian national carrier will serve as a strong hub in Central Africa leveraging domestic, regional and eventually international air connectivity. “The strategic equity partnership in the launch of the new Chadian national carrier is part of our Vision 2025 multiple hub strategy in Africa.

direct liquidation

Speaking at the launch of Tchadia Airlines, Ethiopian Airlines Group CEO Tevolde Gebre Mariam proudly said, Before the liquidation, there were plans to add a Boeing 737NG to the fleet. With its fleet of two Bombardier Dash 8 Q400 aircraft, Tchadia Airlines flew to a handful of destinations in the region, including Douala, Khartoum and Niamey. It began operations later that year, with the first flight departing on October 1, 2018. The airline based in N’Djamena was established in 2018 under an agreement between the Government of Chad and Ethiopian Airlines. Simple Flying has contacted Ethiopian Airlines, the parent company of Tachadia Airlines, for comment. The move was decided by shareholders after last month’s general meeting, which cited lack of prospects for financial recovery as another reason for the liquidation.ĭespite facing no direct competition on most of its routes, and even with the support and leadership of heavyweight Ethiopian Airlines, it appears that Tchadia Airlines was unable to survive the financial effects of the pandemic.Ĭhadia Airlines was established as part of an agreement between the Government of Chad and Ethiopian Airlines. Chad’s Tchadia Airlines has been placed in liquidation after three consecutive years of financial losses.












Direct liquidation