Audio By Carbonatix
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.
Latest Stories
-
GH¢38.99bn flagged by Auditor-General, but only GH¢12.72bn recovered – PAC Vice Chairman
20 minutes -
Davis Opoku proposes AI auditing, contract portal to strengthen public financial accountability
27 minutes -
We’ve signed $5.5bn with co-development partners to transform Ghana’s economy, 1.7m jobs to be created – 24-Hour Economy Secretariat
36 minutes -
Kumasi-Anwomaso power upgrade to more than double transmission capacity – Energy Minister
40 minutes -
Italy–Ghana Water Technology Workshop boosts partnerships to improve water sector solutions
43 minutes -
Terry Yegbe helps Lech Poznan to Polish Super Cup win
44 minutes -
Temporary power interruptions unavoidable during Kumasi-Anwomaso upgrade – Jinapor
1 hour -
NCA invites applications for 5G license
1 hour -
BoG’s own answers validate Bawumia’s gold reforms – Oppong Nkrumah
1 hour -
AGRA Food Security Monitor shows a mixed picture for Ghana’s food markets
2 hours -
Public confidence is Supreme Court’s greatest asset — Chief Justice
2 hours -
Asiedu Nketiah’s tours were to strengthen NDC, not campaign for presidency – Mustapha Gbande
2 hours -
24-Hour Economy about productivity, not round-the-clock work – Goosie Tanoh
2 hours -
GNFS intensifies fire safety campaigns across Eastern Region communities
2 hours -
Wontumi acted within NPP election rules, not against party leadership – Campaign Secretariat
2 hours