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Ethiopian “Believes in” Boeing Despite Crash, CEO Says

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Category: Latest Business Alerts

Boing-878-9-2-Tewolde GebreMariam, Group CEO of Ethiopian Airlines, said in a statement today his carrier still “believes in” Boeing in spite of the B737 Max 8 plane that crashed and killed all 157 people on board. This has led to the global grounding of the 737 Max model. Boeing shares have also fallen down  by 14 percent since the crash, which translates into $34 billion off the company's value.

Last Updated on 26 March 2019
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Ethiopian's Athlete Haile Gebreselassie Launched Coffee Development Business

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Category: Latest Business Alerts

A coffee plantation owned by the legendary Ethiopian long distance athlete Haile Gebreselassie has officially launched planting coffee on 1,500 hectare plantation located in Sheka zone, Souther Regional State.

The area where the plantation is located is said to have abundant rainfall and nutrient-rich soil, ideal conditions for growing coffee.

Last Updated on 14 August 2013
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Ethiopian's Boeing 787 to Arrive in March

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Category: Latest Business Alerts

Ethiopian Airlines's Boeing 787 Dreamliner aircraft is scheduled to arrive in March next year, Fikre Degife, the airlines's area manager for China said on Thursday. The Dreamliner will be deployed on long direct flights including a new destination in China.

Boeing was supposed to deliver in December four of the ten 787s Ethiopian had ordered according to Fikre who said that the arrival in March was confirmed.

Ethiopian launched a new flight to Hangzhou on 3 May 2011, its fourth destination in China next to Guangzhou, Beijing and Hong Kong.

Last Updated on 14 August 2013
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Ethiopian's CEO: Airlines Busy as Always

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Category: Latest Business Alerts

Ethiopian Airlines Logo flagTewolde GebreMariam, Ethiopian’s Group CEO, said the airlines has continues flying to destinations all over the world according to its usual schedule. Mr. Tewolde visited Addis Ababa’s Bole International Airport, the biggest hub in Africa, as it kept running its operations smoothly.

Last Updated on 13 March 2019
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Ethiopian's Skylight Hotel Gets 5-Star Rating

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Category: Latest Business Alerts

The Ethiopian Ministry of Culture and Tourism yesterday announced star ratings of four hotels, one five-star, two two-star, and one one-star.

Last Updated on 21 February 2020
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