Ethiopian thinking about buying South African Airways stakes

    South African Airways are in a dire condition financially speaking. It is rumoured that Ethiopian Airlines will be buying stakes to save the South African airways.

    But even as we are looking at a successful tie-up of two of the largest carriers in the continent, the timing of such a deal may sound unlikely (so to speak) to send the African aviation industry to a wave of consolidation due to so many other distressed values expected during the pandemic recovery.

    SAA has been grounded for over five months and even as talks with Ethiopian are currently underway. It is also rumoured that most of the stakes will come from other private investors.

    The new terminal has a check-in hall with 60 counters, 30 self-check-in kiosks, 10 self-bag drops, 16 immigration counters with more e-gate provisions, and 16 central security screening areas for departing passengers.
    Ethiopian airlines are not suffering as much as other airlines which is an excellent example for other airlines on how to manage such situations.

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