Malawi Airlines has confirmed the resumption of full network operations which will be in effect in mid-June, as announced in a statement signed by the company’s board chairman, George Partridge.
The development follows an agreement that was reached by our shareholders (Malawi Government and Ethiopian Airlines) to recapitalize the national flag carrier after the Board of Directors had earlier declared the company technically insolvent. The insolvency followed after a seven-months period the airline had no revenue due international lockdowns as a result of the COVID-19 pandemic.
Part of the statement reads, “The Board of Directors applaud the shareholders for their wise and timely decision to bail out the national airline, effectively allowing the company to resume flights to destinations such as Dar es Salaam, Nairobi, Lusaka and Harare, effective mid-June 2021.”