Malawi Airlines announces resumption of full operation after Govt. recapitalizes the national flag carrier

Malawi Airlines Ltd has assured its customers, stakeholders and the general traveling public of the resumption of full network operation effective mid-June after the Malawi Government has bailed out the “dead” airliner which is majority owned by Ethiopian Airways.

George Partridge

It has not been revealed how much the majority owner has injected in the business but previously refused to inject more cash despite raiding it of over K40 billion in management fees.

Malawian Airlines cabin crew to strike

Board chairperson, George Partridge said on Thursday that the bail out “follows an agreement that was reached by Malawi Government and Ethiopian Airlines to recapitalise the national flag carrier, after the Board of Directors had earlier declared the company technically insolvent”.

“The insolvency was mainly occasioned by the seven-months period the airline had no revenue when it was not in operation due to local and international lockdowns as a result of the CoVID-19 pandemic while it was still honouring significant fixed cost obligations.

“The Board of Directors applaud the shareholders for their wise and timely decision to bail out the national airline, effectively allowing the company to resume flights to destinations such as Dar es Salaam, Nairobi, Lusaka and Harare, effective mid-June 2021.”

Patridge said a detailed flight schedule can be accessed on their website www.malawian-airlines.com.

Malawi Airlines Limited is Malawi’s national carrier with shareholding by Malawi Government and Ethiopian Airlines.

Follow and Subscribe Nyasa TV :

Sharing is caring!

Follow us in Twitter
11 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Chalo
6 months ago

The airline should consider local routes as well such as Blantyre, Lilongwe, Mzuzu, Karonga, Likoma, Mangochi, Nsanje.

Bien
6 months ago

Well let it be! But my question is why Ethiopia has a big chunk of shares? Can’t you just disclose that Malawi does not have Aeroplanes, all those flag carriers are Ethiopian aeroplanes. So we don’t have Malawians who have good money and love their country to pump in money and take over this business area while our government is sleeping? Kuba ndalama muboma kulephera kuthandiza boma chitukuko mawa nkucha muzaba kuti ngati boma munalibelalo kapena mukulibelali simukulithandiza?

Shua
Shua
6 months ago
Reply to  Bien

Some point I agree with you we got people who got money some even they can manage to buy their own personal jet,Am asking myself we had a malawian who managed to buy 2 jet does that mean he got much than government wake up our government,

Dausee
Dausee
6 months ago

Nonsense! This was the best time to get out of the parasitic relationship with the the Ethiopians.

Ndatopa Ine
Ndatopa Ine
6 months ago

We are extremely happy with this development

James Matipwili
James Matipwili
6 months ago

Blantyre lilongwe route how much? Lucrative route komazimakha bwanji kaya? Mzuzu route? Get eve a 12 seater dornier

Yekha
Yekha
6 months ago

Should tell us how much money has been injected for transparency and Accountability sake, we are leaving in era of access to information

Mulopwana
6 months ago

Sinking more money. Koma!!!

Lusako
Lusako
6 months ago

Great

Bigman
Bigman
6 months ago

Kodi Bwana George Press Corporation multi nayo bwanji? Ikuthatu.

Phil
Phil
6 months ago

Where are we Airlines

Read previous post:
HRDC demands immediate release of Public Sector Systems Review report

Barely a few hours after State Vice President Dr. Saulos Klaus Chilima has presented a report on the Public Sector...

Close