Ethiopian, DHL will set up an African logistics JV



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Ethiopian Aviation Holding Group has signed an agreement with DHL Global Forwarding on the establishment of a new joint venture, DHL-Ethiopian Airlines Logistics Services Ltd.

The company will be based in Ethiopia and will aim to become the largest company in the world. Africa's leading freight logistics where, given the continent's rapid economic growth, the need for international shipping and handling services has exploded.

Ethiopian Airlines will have a majority stake in the company and will provide regulatory and operational support while DHL Global Forwarding will oversee air, sea and road freight connections between major shopping centers in Ethiopia and the United States. rest of the world.

DHL veteran Pramod Bagalwadi will lead the company and oversee DHL's industrial projects team in sub-Saharan Africa. strategic partner in the region.

"Logistics is the key to supporting rapid economic growth and the industrialization of Africa," Tewold e GebreMariam, CEO of Ethiopian Airlines Group, said. "Ethiopian is therefore badociated with DHL, which has proven expertise and experience in the logistics sector, in order to have the right logistics solutions in terms of costs, time and quality .DHL, and with this JV, we want to make the country a logistics center for Africa. "

Since 2010, DHL Global Forwarding has been supporting the commercial segment of MRO operations of Ethiopian Airlines .

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