Ethiopian Airlines, EU Sign Letter of Intent to Establish International Business School

Addis Ababa Ethiopian Airlines and European Union Delegation to Ethiopia have signed a letter of intent to establish Ethio-European International Business School (EEIBS) yesterday.

The letter of intent was signed by Ethiopian Group CEO Tewolde Gebremariam and European Union Delegation Head to Ethiopia Ambassador Johan Borgstam, according to a press release sent to ENA.

The airline will host the delivery of an MBA program at Ethiopian Aviation Academy with the support of the EU Delegation under the EU's Transformation Triggering Facility (TTF) program, it added.

Ethiopian Group CEO Tewolde said the realization of the idea will enable Ethiopian Airlines to offer world-class leadership courses in the aviation profession at regional and continental level.

Once established, the school will be a significant addition to the leadership courses we are delivering at our Aviation Academy, an ICAO-designated Regional Training Center of Excellence. We look forward to launching the MBA courses and shape as many young African minds as possible, adding value to their academic and professional lives, he pointed out.

European Union Delegation Head to Ethiopia, Ambassador Johan Borgstam said on his part the union is very happy on the signed agreement to partner with Ethiopian Airlines Aviation Academy as European Union (EU) invests heavily in human capital development in Ethiopia.

He stated that the EU Delegation to Ethiopia is proud to partner with Ethiopian Airlines Aviation Academy on this important project that will provide quality education to young Ethiopians. Investing in training and education is critical for the realization of Ethiopia's development strategy. The European Union invests heavily in human capital development in Ethiopia and supports government efforts to improve the business environment and the implementation of the industrialization agenda.

Source: Ethiopian News Agency

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