2merkato

Ethiopian Airlines announced that it amassed a revenue of USD 5 billion during the 2021/2022 fiscal year. Out of the total revenue, the company gained a net profit of USD 937 million. It registered a 79% growth when compared to the 2020/2021 fiscal year.

The airline's success was registered despite global economic pressures that included rising fuel cost. The airline was also able to collect five international aviation awards during the past fiscal year.

Ethiopian Airlines embarked on the first inaugural passenger service flight to Addis Ababa within 24 hours of receiving the first Boeing 787 Dreamliner according to Mxi Technologies, a leading aviation maintenance management software.

Ethiopia is committed to the vision of modernizing its fleet and maintenance and the first 787 flight represents this commitment according to Mr. Mesfin Tasew, Chief Operation Officer of Ethiopian Airlines.

Maintenix has allowed the airline to support its historic entry into service with confidence to maintain the next generation aircraft through automatic real-time confirmation of airworthiness in line with OEM guidelines and the maintenance plans of the airline in receiving the airline and embarking on the first flight he said.

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.

Ethiopian Airlines Cargo and Logistics Services and Liege Airport have announced that they have renewed their long-standing partnership agreement until 2026. Liege Airport, Belgium’s largest cargo airport and the 6th largest cargo airport in Europe, will continue to be Ethiopian Airlines cargo hub serving as a freighter gateway between Africa and Europe for the next five years, Ethiopian related in a statement sent to 2merkato.com.

Ethiopian Airlines announced it carried 14.5 million passengers over the past nine months, marking a 13% increase compared to the same period last year.