An Ethiopia’s Airlines Boeing 737 Max 8 plane to take off on a demonstration trip to resume flights from the Bole International Airport in Addis Ababa, Ethiopia February 1, 2022. REUTERS/Tiksa Negeri Acquire Licensing RightsNAIROBI, Aug 18 (Reuters) - Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing (BA.N) at an initial cost of $15 million, the government's investment agency said on Friday. The state-owned carrier, which is the biggest in Africa, has already signed the deal that also involves the local state Industrial Parks Development Corporation, the Ethiopian Investment Commission said on X, formerly known as Twitter. The venture will make "aerospace parts, including aircraft thermo-acoustic insulation blankets, electrical wire harnesses, and other parts," the commission said. It was not immediately clear if Ethiopian Airlines has also suffered from similar lack of parts.

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Persons: George Obulutsa, Duncan Miriri, Angus MacSwan Organizations: Ethiopia’s Airlines Boeing, Max, REUTERS, Tiksa, Acquire, Rights, Ethiopian Airlines, Boeing, Industrial Parks Development Corporation, Ethiopian Investment Commission, Twitter, Kenya Airways, Thomson Locations: Bole, Addis Ababa, Ethiopia, Rights NAIROBI, Africa, Ukraine