Ethiopian Airlines has sealed an agreement with the Ghanaian government to develop a new national carrier for the country.

The African carrier says Ghanaian Aviation Minister Joseph Adda and Ethiopian chief executive Tewolde Gebremariam signed a memorandum of understanding in Addis Ababa today to establish the new airline in early 2019.

The final ownership structure of the unnamed carrier is still to be determined but Adda has stated that the government is not seeking to hold more than a 10% stake.

Ghana has been without a national carrier since the demise of Ghana International in 2010, but the country is served by private operators including Ghanian company Africa World Airlines.

Ethiopian has partnered to establish a number of joint venture carriers in the region, most recently in Chad and Zambia.

Source: Cirium Dashboard