Ethiopian Airlines, the largest aviation group in Africa, announced that it has received IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) certification as an airline and ground handling in December 2021.
Ethiopian got its tenth Airbus A350 aircraft, the long-range, two-engine, wide-body jet airliner.
Ethiopian Airlines, the leading airline in Africa that has been chosen the best airline in the continent for seven years in a row, received this tenth A350 at a ceremony held at its quarters at Bole International Airport, Addis Ababa.
Ethiopian Airlines received two new Airbus A350-900 aircraft, adding to its 14 Airbus fleet. These two are the first of ten A350-900 it ordered in 2017.
The Ethiopian Hansom International Glass factory, which had temporarily halted production due to hikes in international furnace oil prices, is to re-launch production according to Xia Yong, General Manager of the company.
The company found it hard to sustain production following the increase in the price of furnace oil from just 5 birr a liter before 2009 to 13 birr a liter said Yong. The factory suspended production activity in April 2010 and has reopened at this time after taking several steps to minimize costs.
Measures taken towards achieving this end include reducing the size of the furnace and diversifying the color of the product he noted.
The revenue earned from gold exports in the first quarter of the Ethiopian fiscal year is lower than anticipated according to a report from the Ministry of Mines. Gold exports were affected by lower than projected production by traditional miners and MIDROC holding on to 90% of its production over the period in anticipation of better prices.
The Ministry of Mines had anticipated 61 million US dollars in revenue from 1361.3 kilograms of gold to be produced by the Legedembi mine operated by MIDROC. The mine has an estimated annual production of 4500 kilograms of gold and 1195 kilograms were produced in the first quarter but the company sold just 10.8% of this production due to unfavorable pricing on the market it was said.
