Malawi Airlines
Malawi Airlines (Malawian Airlines until 2016) is the flag carrier airline of Malawi, based in Lilongwe and with its hub at Lilongwe International Airport. It was established in 2012 after the liquidation of Air Malawi, the former national airline. Ethiopian Airlines operates it under a management contract and owns 49% of the airline after it emerged as the winner following competitive bidding. On 25 March 2021, the Board of Directors of the company passed a resolution recommending the "orderly winding up of the company" due to heavy debts and technical insolvency. However, on 5 May 2021 the Government of Malawi confirmed that it intended to recapitalise the airline instead. In 2022, the airline announced its first annual profit of MWK 4 billion (USD 4.0 million). History The airline was formed in , following the collapse of Air Malawi, the hitherto national carrier, in February 2013, as a result of the inability to pay its debts. A deal with Ethiopian Airlines, that would see this carrier having a 49% shareholding in Air Malawi, was finalised in ; the agreement also contemplated the renaming of Air Malawi to Malawian Airlines Ltd. Operations commenced on serving the Blantyre–Lilongwe domestic route using 67-seater Bombardier