Ethiopian Airlines, has collected a 25.1 billion birr profit in its eight months of operation, Diriba Kuma, the Transport Minister told parliament last Tuesday presenting his office’s eight-month performance report.
According to the minister, the airline’s projection for the current Ethiopian Fiscal Year is to increase its total revenue to 30.1 billion birr, and so far it has achieved 82 percent of it its earning target.The Ethiopian Airlines Aviation Academy graduated its most recent batch of graduates this week. The Academy 
graduated a total of 90 graduates.
The aviation Academy graduated 65 cabin crew trainees who had undertaken three months of training at the Academy said Samuel Assefa, Vice President of the Academy speaking on the occasion of the graduation.
The remaining graduates, a total of 25 graduated from the Modularized Aviation Maintenance Technical School after 11 months of training he said. The almost year long training included general and specific courses according to Samuel.
The academy is training crew and staff to meet the demand for trained personnel for Ethiopian Airlines as well as others to play its part in the development and modernization of the aviation sector nationally and regionally he noted.
The Chief Executive Officer (CEO) of Ethiopian Airlines Group, Mesfin Tassew, said that the airline had already achieved its vision 2025. According to the CEO, Ethiopian Airlines is working towards meeting its vision 2035 which is aimed at increasing the airline’s destinations to 207 from the current 131. The vision also aims to almost double the Ethiopian Airline’s fleet by increasing the airline’s number of aircraft to 271. In addition, the Group is envisioning to earn USD 25 billion in revenue by the year 2035.
ASKY Airlines, an affiliate of the state owned Ethiopian Airlines, is set to launch new route to Beirut, Lebanon, according to The Reporter.
The newly-appointed CEO of ASKY, Yissehak Zewoldi, told The Reporter during the 45th African Airlines Association (AFRAA) annual general assembly, that ASKY will soon commence four weekly flight to Beirut with its Boeing B737-800 aircraft.
Ethiopian airlines announced that it had concluded agreements with the government of Chad to begin the services of Chad National Carrier. As per the agreements, Ethiopian Airlines owns 45% of the total shareholding while the government of Chad owns the remaining 51%. The airline’s CEO, Ato Tewolde Gebremariam, said, “The strategy equity partnership in the launching of the new Chad national carrier is part of our Vision 2025, multiple hub strategy in Africa.” He added, “The new Chad National Carrier will serve as a strong hub in Central Africa availing domestic, regional, and eventually international air connectivity to the major destinations in the Middle East, Europe, and Asia.”
