Zambia Airways receives its first aircraft, a Bombardier Dash 8-Q400. (Photo: Industrial Development Corp.)

Zambia Airways Launches Flight Operations

Africa's largest airline Ethiopian Airlines announced the final preparation for the launch of Zambia's national carrier — in a joint venture with Industrial Development Corporation Limited (IDC). In the proposed joint venture, Ethiopian Airlines will take a 45 percent stake in the joint venture while Industrial Development Corporation Limited (IDC) retains 55 percent. The shareholders have contributed $30 million in capital towards the establishment of the airline. The brand-new Zambia Airways inaugurated operations with its initial domestic flight from Lusaka,…