Ethiopian Civil Aviation Raises $60 Million in Revenue

The Civil Aviation Authority of Ethiopia earned 60 million US dollars in the first quarter of the current budget year. The authority has signed arrangements with various countries to expand investment in air transport service.

The authority has reached bilateral agreements with Cyprus, the Czech Republic, Denmark, Norway, Sweden and Switzerland in just the last two quarters of the current financial year.

The authority has also revised previous arrangements with Israel and Malawi according to Ahmed Hassen, Head of Promotions and Public Relations with the Civil Aviations Authority.

The bilateral agreements are part of efforts exerted by the authority to expand air transport service said Ahmed.

Understanding to facilitate further arrangements has been reached with Cameroon, Iceland, India, Jamaica, Poland and Slovenia towards this end he noted.
 
Source: Waltainfo