Ethiopian Third Party Insurance Coverage to Include Temporary Licenses Plates
Compulsory Third Party Insurance Coverage in Ethiopia is to include vehicles with temporary and daily vehicle license plates who had avoided the insurance so far.
The letter requiring all vehicles seeking temporary and daily license plates to get compulsory third party insurance coverage was issued in the beginning of April by the Federal Transport Authority to regional branch offices.
Vehicle owners are required to present customs declaration forms, import licenses, bills of lading and pink papers from the FTA to ensure that all vehicles stated on the declaration forms are brought into the country to get the temporary license plates.
Ethiopian Airlines is set to launch three times weekly flight between Addis Ababa and Durban starting from December 16, 2015, according to Ethiopian News Agency.
Africa's largest carrier, Ethiopian Airlines, plans to start building a new $5 billion airport in six months, its CEO, Tewolde GebreMariam, said. Ethiopian's rapid expansion is causing it to outgrow its current base in Ethiopia's capital Addis Ababa.
Ethiopian Airlines, the largest and leading aviation group in Africa, and its longstanding partner Boeing [NYSE:BA] announced the signing of a Memorandum of Understanding with the intent to purchase five 777-8 Freighters, the industry’s newest, most capable and most fuel-efficient twin-engine freighter.
