Original Story Published by: Michael Doran, www.simpleflying.com
Photo Source: Courtesy of Simple Flying
After two years of talking about deregulation, Ethiopia's government has again put the subject back on the agenda.
The Ethiopian government wants to speed up airline deregulation, a process it started in 2020. Despite already ratifying regulations that allowed for joint investment by foreign and local investors, the reforms of 2020 have yet to be implemented.
Yesterday, Ethiopian news outlet The Reporter said it had seen a document that planned to end protection over the domestic aviation sector and allow foreign investors to participate. The document quoted is the second Homegrown Economic Reform (HGER 2.0), which will be in place for the next three years before being superseded by HGER 3. According to The Reporter, the document says that "the domestic aviation sector will be liberalized to improve efficiency and access."
The domestic market, dominated by state-owned flag carrier Ethiopian Airlines, has been closed to foreign investment. However, in 2020 new regulations were drafted that allowed for joint investment by foreign and local investors, but implementation has not occurred.
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