2merkato

Ethiopian Airlines, Ethiopia’s flag carrier, is taking steps to economize to save up to one billion birr to ward of operational difficulties due to a significant increase in expenditure following a sudden increase in international fuel prices according to sources.

The measures to be adopted by the airline include seeking employees to relinquish a percentage of their salaries, soliciting free over time service, increasing customers, reducing waste, offering maintenance service for other airlines, and negotiating a reduction on the lease paid on rented aircraft.

Ethiopian Airlines, Ethiopia’s flag carrier, has delayed its plans to offer cargo forwarding services to the horticulture sector.

The delay, expected to last at least up to April followed complaints by exporters at the higher rates being proposed by the airline taking over from the current operators.

The Airline proposed to charge growers 1.82 US dollars for every kilo which was higher then the 1.72 US dollars previously being charged by the Ethio-Horticultre Cooperative offering forwarding services in the past according to sources.

Ethiopia’s flag carrier is in talks with Rwandan and the Republic of Congo over purchasing stakes and also managing their carriers. This was disclosed by the Tewolde Gebremariam, Chief Executive Officer of Ethiopian Airlines Group, to Reuters.

Ethiopian Airlines announced that it has been transporting flowers from Ethiopia to various destinations with its modern refrigerated cargo planes for the Valentine's Day celebrations.  

Ethiopian Airlines, Africa’s largest aviation group, has reported USD 4.4 billion in revenue during the first six months of Ethiopia’s current fiscal year, reflecting a 14 percent increase compared to the same period last year.