ethiopian airlines

Kenya Airways Gears Up for Government Takeover Amid Massive Layoff Reports

In a bid to retain its financial flexibility and optimize on the lack of connectivity throughout Africa, the government of Kenya is on the verge of nationalizing its flag carrier to retain market share while aiding the troubled airline in its restructuring process. Lawmakers passed the nationalization bill which entails a National Aviation and Management […]

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Ethiopian Takes to the Skies Again, Profits During the Pandemic

Africa’s largest airline has been working around the clock during the pandemic, becoming the go-to airline for essential travel, repatriation flights and the airlift of medical and personal protective equipment (PPE) and as travel restrictions slowly ease out across the globe, Ethiopian is pleased to welcome back air travel with more emphasis on safety. As […]

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Ethiopian Banking on Cargo Operations and Business Ventures as its Recovery Plan, Dismisses Plans for Fleet Expansion

Cargo business now seems to be the new normal for airlines trying to navigate this COVID-19 pandemic now that there is reduced passenger demand, with Ethiopian Airlines now seemingly headed in the same direction to ensure its survival having lost $550 million between January and April. The airline CEO Tewolde GebreMariam’s talks involve being cautiously […]

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Pandemic Continues to Fuel More Pressure on African Airlines

The global aviation industry remains to be the worst-hit industry with the unprecedented pandemic continuing to bite out the world’s biggest economies which the industry plays an integral role. COVID-19 has hit African airlines with the African Airlines Association (AFRAA) calling for collaborative efforts and the stakeholders developing an “all-inclusive proactive response strategy” to address […]

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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 […]

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Indonesia Releases Report on Lion Air Crash

The Indonesian National Transportation Safety Committee (NTSC) has released its final report on the crash of Lion Air flight 610. The Boeing 737 MAX operating the flight crashed shortly after takeoff from Jakarta for a one hour flight to Pangkal Pinang. The crash sparked the beginning of a crisis for Boeing and the 737 MAX, […]

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Ethiopian Airlines Boeing 737 MAX 8 Crashes Following Departure from Addis Ababa

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 last year. The aircraft departed […]

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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 national flag carrier of Ethiopia. […]

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