Ethiopian Airlines Records Higher Profits, Expands Presence in Middle East
Ethiopian Airlines reported 79 percent revenue growth for its fiscal year that ended on July 30. According to Mamo Mihretu, the CEO of Ethiopian Investment Holdings, in a tweet, the state-owned airline recorded $5 billion in revenue this fiscal year, a growth of 79% over last year. Additionally, profits rose 90 percent to $937 million, […]
