Ethiopian Airlines Averages 25% Annual Growth

Ethiopian Airlines has registered more than 25% in annual growth in areas including revenue, cargo transport and passenger.

The airline has managed to earn 1 billion birr in revenue and made 732 million birr in profit according to Tewolde Gebremariam, Chief Executive of Ethiopian.

Ethiopian transported 4.8 million people and moved 182 thousand tons of cargo showing significant increase as compared to the previous budget year he said. In related news Ethiopian Airlines announced that it is to launch flights to Ndola, Zambia three times a week.  The airline will introduce the new route beginning from the 31st of March.

The airline decided to launch this route because Ndola is third largest city in Zambia and the commercial and industrial center for the copper producing part of the country according to sources according to the company’s press release.

This flight will be the second Zambian destination to Ethiopia and is a part of its efforts to connect Africa to the rest of the world said Tewolde Gebremariam, Chief Executive of the Airline. The new service is expected to offer passengers to and from Ndola receive convenient and uncomplicated connection the wide range of destinations covered by Ethiopian he said.

Source: Ethiopian News Agency