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Ethiopian Airlines, Ethiopia’s flag carrier, won the Gold Award in the African Airline of the Year 2011/12 Award organized by the African Aviation News Portal.

The team at Ethiopian Airlines is pleased by the vote of confidence establishing its services as the leading airline on the African continent said Tewolde Gebremariam, Chief Executive Officer of the airline, in response to the award announcement.

Ethiopian Airlines received a majority of the votes cast by readers and fans of African Aviation to become the clear winner according to a statement issued by the airline.

Ethiopian Airlines, Ethiopia’s flag carrier, will not introduce additional fees on tickets of passengers to and from Europe to offset the European Union carbon emission costs levied on all airlines operating in Europe as part of the European Emission Trading Scheme according to a statement.

The airline is in the process of modernizing its fleet changing over to aircraft with less emissions said the statement.

South Sudan is to build an oil pipeline to Port Djibouti through Ethiopia.

A memorandum of understanding for the construction of the pipeline was signed in Addis Ababa earlier this month according to Barnaba Marial Benjamin, South Sudanese Minister for Information.

Companies from Europe, China and the United States have expressed interest in carrying out feasibility studies said Benjamin.

Ethio Telecom earned 5.6 billion in revenue in the first two quarters of the fiscal year according to Jean Michel Latute, Chief Executive Officer of Ethiopia’s sole telecom provider. 

The revenue was raised from mobile, internet and other services said Latute.