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Ethiopian Airlines Takes Charge of New Boeing Aircraft

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Category: Latest Business Alerts

Ethiopian Airlines, Ethiopia’s flag carrier, announced that it has taken charge of the Boeing 737-800 Sky Interior Aircraft ordered in December 2009.

The company is focused on investing in modernizing its fleet and the new 737-800 Sky Interior aircraft built with high technology to provide customers with the comfort and style to enhance the air travel experience according to Tewolde Gebre-mariam, Chief Executive of Ethiopian Airlines.

The airline expects to deploy the new Sky Interior to East African tourist destinations such as Daressalam, Mombassa, Seychelles during day flights and Delhi, Bombay, Dubai and Kuwait at night. 

Last Updated on 14 August 2013
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Ethiopian Airlines Takes Flight to Warsaw

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Category: Transport and Logistics

Ethiopian Airlines

Ethiopian Airlines, Africa's largest network operating carrier, celebrated the inauguration of a new four-times-weekly service to Warsaw, Poland, yesterday evening. The launch event was attended by senior government officials from Ethiopia, top executives from Ethiopian Airlines, Przemysław Bobak, Polish Ambassador to Ethiopia, and other esteemed guests.

Last Updated on 02 July 2024
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Ethiopian Airlines to Acquire 15 new Aircraft this Year

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Category: Latest Business Alerts

Ethiopian Airlines, Ethiopia’s flag carrier, is to acquire four Boeing 787 Dreamliner Jetliners, two Boeing 777 freighters, four Boeing 737-800 and Five Bombardier Q400 aircraft by the end of this year according to Tewolde Gebremariam, Chief Executive Officer of the airline.

Ethiopian had put in an order for ten Dreamliner aircraft at a total cost of 1.5 billion US dollars in 2005 with delivery expected in 200-2010. After several delays Boeing has now confirmed that the first two Dreamliner aircraft will be delivered in July or August of this year although the exact date has not been decided said Tewolde. 

Last Updated on 14 August 2013
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Ethiopian Airlines to Add 14 More Aircraft This Year

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Category: Latest Business Alerts

Ethiopia Airlines plans to add 14 more new aircraft to its fleet this year as part of efforts to increase revenues by five fold in 2025 according to Tewolde Gebremariam, Chief Executive of the airline.

The company is an a phase of ‘fast growth’ targeting annual sales of 10 billion US dollars by the end of its Vision 2025 plan, which also entails increasing its fleet to 120 aircraft said Tewolde.

The airline is committed to re-investing profits in financing infrastructural development and in building a new fleet which means considerable investment he said.

Last Updated on 14 August 2013
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Ethiopian Airlines to Arrange Financing for Airbus Purchases

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Category: Banking and Finance

Ethiopian Airlines, Ethiopia’s flag carrier, is seeking foreign export agencies to finance its purchase of 12 A350-XWB, Airbus aircraft.

The airline has already made the down payment for the purchase of the A350-XWB aircraft and is ready to involve export agencies to finance the remaining amount said Wogayehu Terefe, Manger of Public Relations and Publications with Ethiopian Airlines.

Ethiopian expects to begin financing for the 12 aircraft in 2015 while the first aircraft is scheduled to be delivered in 2017 according to Wogayheyu.

Last Updated on 14 August 2013
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