Egypt Air is reported to have been chosen as the preferred partner in the establishment of a new home base carrier for the country.
According to the Aviation Ghana, the Aviation Ministry settled on the Cairo based Airline after an extensive scrutiny by the committee put together by government to search for a strategic partner.
The Aviation Ghana news portal maintained that Egypt Air’s proposal can be described as much better than the initial deal put forward by Ethiopian Airlines.
Joy Business understands that an MOU is expected to be signed between the two parties in the coming days.
Ghana signed MOU with Ethiopia Airlines in 2018
Ghana in 2018 signed an MOU with Ethiopian Airlines to establish a national carrier.
The agreement, was expected to see Ethiopian Airlines contributing funding, equity, aircrafts and management services.
The government will have received 10 per cent of shares in the home-based carrier while the majority shares will be for Ghanaian investors.
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