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Ethiopian Airlines (ET, Addis Ababa) is in talks with Air Mauritius (MK, Mauritius) about its participation in the insolvent carrier and is also ready to enter into similar talks with other struggling airlines in Africa, Chief Executive Tewolde GebreMariam told Bloomberg.

"The Mauritian government is thinking of restarting that business with Ethiopian Airlines. We are at the initial point of the discussion to see what kind of partnership or joint venture it will be," he said.

Air Mauritius went into voluntary administration in late April.

He said that while no talks are currently ongoing, Ethiopian would also be willing to discuss options for rescuing South African Airways (SA, Johannesburg O.R. Tambo).

South African Airways was placed under business rescue in December 2019. However, following government's decision to cease funding the airline in early April, its business rescue practitioners (BRP) warned the airline faced the prospect of liquidation given the unlikelihood that it would successfully emerge from business rescue as a viable entity. Since then, talks have taken place between its...