GhIE President opposes EgyptAir-Ghana National Carrier partnership

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President of the Ghana Institute of Engineering, Leslie Alex Aryeh, has opposed the government’s partnership with Egypt Air for a National Carrier.

Egypt Air is reported to have been chosen as the preferred partner in the establishment of a new home base carrier for the country.

Joy Business gathers the Aviation Ministry settled on the Cairo based Airline after an extensive scrutiny by the committee put together by the government to search for a strategic partner.

But speaking to Joy Business, Ing. Leslie Alex Aryeh, warned of conflict of interest on the part of Egypt Air in this agreement.

You don’t go into partnership with your rival. I would rather we don’t go to Egypt Air and have some investors because when decisions are to be made in the long run when it comes to the hub – they will want it there in their country and that way it could strike matters of interest. I would have preferred we invited business people rather than an airline,” he stated.

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 the government to search for a strategic partner.

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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% of shares in the home-based carrier while the majority shares will be for Ghanaian investors.

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