Nov 02, 2007
Air Malawi in talks with Comair on possible asset saleBack
Air Malawi|Airport Development|Boeing|Comair|Comair Malawi|Lilongwe Handling Company|Water|Malawi|Airline|Flag Carrier|Malawi Government|Malawi Privatisation Commission|Jimmy Lipunga|Rail|Undule Mwakasungula|Water|Boeing 737-300
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Malawi Privatisation Commission CEO Jimmy Lipunga says Comair has submitted a formal proposal to the Malawi government to launch a new airline called Comair Malawi.
If the negotiations come to fruition, Air Malawi will continue operating normally while the government seeks a buyer for the rest of its assets.
If the deal goes through, Comair is expected to have an 80% shareholding in Comair Malawi, with the Malawi government owning the remaining shareholding.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines
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