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An Ethiopian Airbus A350-900XWB. (Photo: AirlineGeeks | William Derrickson)

Ethiopian Airlines Records Strong Half-Year Profit

Though unaudited, Ethiopian Airlines (Ethiopian) posted strong half-year financial returns in the current fiscal year with Public Enterprises Agency, reporting a $260 million in profit for the 2019-2020 year. $2.1 billion recorded in revenues made it the second most profitable state-owned corporation in Ethiopia. The airline also foresees a gross profit of $696 million at the close of 2019-2020 fiscal year which will be closing in July 2020. During the previous financial year, the Addis Ababa-based airline recorded $260 million…

Ethiopian Airlines Sets Stage for New Hub Airport

Ethiopian Airlines CEO Tewolde Gebremariam on Wednesday said that his airline would look to begin construction on a new $5 billion airport that would enable it to grow well beyond the capacity of its current hub at Addis Ababa Bole International Airport. Reuters reported that the airport, which Gebremariam believes…

Ethiopian Airlines Boeing 737 MAX 8 Crashes Following Departure from…

An Ethiopian Airlines Boeing 737 MAX 8 has crashed after departing from Addis Ababa, Ethiopia. Flight ET302 to Nairobi, Kenya, had 149 passengers and eight crew representing 33 different nationalities onboard. Ethiopian Airlines confirmed online that the aircraft registration was ET-AVJ, a four-month-old aircraft, which was delivered in November of…

Ethiopian Helping to Launch New African Airline

Ethiopian Airlines has announced that it has finalized agreements with the government of Chad for the launch of a new national carrier for Chad, Chadian Airlines. The new airline will become the national flag carrier of Chad and be jointly owned by the government of Chad and Ethiopian Airlines, the…