Ethiopia, SAfrica airlines seal tie up to extend global reach

Ethiopia, SAfrica airlines seal tie up to extend global reach

JOHANNESBURG: Ethiopian Airlines has entered an agreement to share flight routes with regional South African carrier Airlink, as the continent’s biggest airline expands its reach.

Ethiopian Airlines has entered into a series of partnerships with continental and global carriers.

The latest agreement lets travellers buy one ticket to fly across each airline’s routes, connecting smaller South African towns with Ethiopian’s global reach.

"In our continuous commitment and endeavour to expand our service beyond our extensive network in Africa, we are happy to enhance our cooperation and add Airlink to our list of growing partners," ET Group CEO Tewolde Gebremariam said in a statement on Thursday.

"As South Africa represents the continent’s largest market… implementation of this interline agreement will create ease of access" for travellers to South African regional airports, he added.

Johannesburg-based Airlink is South Africa’s main air service between smaller towns and larger airport hubs.

National carrier South African Airways (SAA) recently emerged from a 17-month business rescue and resumed a handful of domestic and regional services last month.

It had survived for decades on government bailouts and was shutting routes even before coronavirus hit.

With a fleet of just six planes down from 46, SAA signed an agreement with Kenya Airways last month with the long-term aim to create a pan-African airline. AFP

Chemical giant announces £1.7B green investment

LONDON: British petrochemicals manufacturer Ineos on Monday announced it will invest more than 2 billion euros (£1.69 billion) in zero-carbon green hydrogen production in Europe.Ineos will invest in emissions-free production using electrolysis — an electrical current passing through water — with wind, solar or hydro-electric power providing the electricity.Ineos chairman, British billionaire Jim Ratcliffe, said in a statement that "Europe is crying out for more investment in green hydrogen."Monday’s announcement "shows our determination to play a leading role in this important new fuel," he added.While burning hydrogen as a fuel emits just water vapour, most of the gas is made in a process that produces harmful emissions.Companies and governments are increasingly putting emission-free green hydrogen at the centre of efforts to de-carbonise economic sectors that rely most on fossil fuels for their energy needs.Ineos said its investment in electrolysis will be the largest ever in Europe, building plants in Norway, Germany and Belgium in the next decade.Investment is also planned in Britain and France and the hydrogen business will be headquartered in Britain, the group said.Ineos operates businesses in the chemical, oil and gas industries, including extracting […]

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