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Ethiopian Starts Flights to Dublin and Los Angeles – The First Service Linking the Two Cities with Africa- 19 June, 2015

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Category: Latest Business Alerts

EALEthiopian Airlines, the largest airline in Africa, is pleased to announce that it has started flights to Dublin and Los Angeles on 19 June 2015.

Last Updated on 22 June 2015
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Ethiopian Starts flights to Tokyo the only Air Service between Japan and Africa - 23 April, 2015

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Category: Latest Business Alerts

ethiopian airlinesEthiopian Airlines, the largest airline in Africa, is pleased to announce that it has started new services to Tokyo Narita International Airport in April 21, 2015, in codeshare partnership with fellow Star Alliance member, All Nippon Airways, Japan’s leading airline.

Last Updated on 23 April 2015
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Ethiopian starts new flights to Manila-09 July 2015

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Category: Latest Business Alerts

EALEthiopian Airlines, the fastest growing airline in Africa has launched the much anticipated new service to Manila, in the Philippines from July 09, 2015. Ethiopian will be offering the service thrice weekly to Manila.

Last Updated on 14 July 2015
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Ethiopian Starts Services to Semera

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Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the fastest growing African airline, is happy to announce the commencement of services to Semera, the capital of the Regional State of Afar located in the North Eastern part of Ethiopia, starting from December 14, 2013. The new service will be operated thrice weekly with Ethiopian Q-400 Bombardier aircraft on, Tuesdays, Thursdays and Saturdays.

Last Updated on 16 December 2013
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Ethiopian State Banks Declare $500 Million in Profit

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Category: Banking and Finance

The Commercial Bank of Ethiopia, the Construction and Business Bank and the Development Bank of Ethiopia, all owned and operated by the State, declared 500 million US dollars in profit for the last financial year.

The three banks announced that the profits recorded in the reporting period were 100 million US dollars more than what was recorded in the previous fiscal period.

The profits earned by the Commercial Bank showed an increase of 90% it was noted.

The increase in revenue for the banks was primarily due to factors such as increased exports, mining and agricultural projects and remittance from Ethiopians in the Diaspora according to sources. 

Last Updated on 14 August 2013
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