Although not yet quoted on any East African exchange, we decided to check Ethiopian Airlines out as we will be flying with them for an investor trip. Turns out it has a long pedegree and was founded in 1945, initially with the assistance of the US airline Trans World Airlines (TWA). Its initial fleet was five DC3's but apparently the fleet is a more recent!Ethiopian Airlines has grown to become one of Sub-Saharan Africa's top three airlines. Hopefully, they will find there way to the capital markets one of these days.
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