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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. Add a comment Add a comment

The Ethiopia Commodities Exchanges signed a Memorandum of Understanding with the government of the United States. The US government signed the agreement through the agency of the Unites States Agency for International Development.

The agreement is intended to allow collaboration towards enhancing the quality, marketing and traceability of Ethiopian coffee.

The agreement facilitates a partnership between the Agricultural Growth Program-Agricultural Market Development Project of the USAID with the exchange to enable sellers and buyers to track the origin of coffee through electronic coding and marking. The collaborative efforts will also include certifying laboratories and quality graders as well as enhancing the efficiency of the ECX warehouse system and increasing the number of farmer’s cooperatives. Add a comment Add a comment

Ethiopian Airlines renewed its long-term operator agreement with Travelport. The agreement means that Ethiopian Airlines will continue to distribute the Galileo products and services offered to the travel industry by the business service provider according to the announcement made by the airline.

The current agreement is an exclusive five year contract cementing the long term relationship between the two parties and highlights the important of the East African Region for the travel sector noted the announcement made by the airline.

Ethiopia is one of the fastest growing Global Distribution Systems in Africa as demonstrated by the 24% annual growth recorded between 2011 and 2012, according to figures compiled by Travelport. Add a comment Add a comment

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. Add a comment Add a comment