Ethiopian Airlines to Arrange Financing for Airbus Purchases
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.
According to CEO of Ethiopian Airlines, Mr. Tewolde Gebremariam, Ethiopian Airlines is preparing to launch private jet services for passengers traveling between Addis Ababa and other African cities, the Daily Monitor reported.The Scheduled operator, which is part of the Star Alliance, is presently working on feasibility study for a new division called ET Executive. The Airlines has still not described which aircraft types it would use for the flights. The CEO further stated that jets seating between 10 and 20 passengers are expected.
