Tag: Ethiopian Airlines
Ethiopian Airlines has unveiled a new terminal at Bole International Airport, making it the largest gateway to Africa. The airport now has a capacity of 22 million passengers annually. At the same time, the country’s Ministry of Health announced that the country will start manufacturing its own COVID-19 test kits with China’s help. And Ethiopia has received about $14.85 million grant from the global partnership for education to boost its response to disruptions caused by the coronavirus pandemic. Economic Analyst, Samuel Getachew, joins CNBC Africa for more.
Acutely aware of Ethiopia’s vulnerability to the health and economic repercussions of the COVID-19 pandemic, Prime Minister Abiy Ahmed urged “collective leadership and coordinated responses” to overcome the challenges posed by the unprecedented shock.
IATA has estimated that the African Aviation Industry will lose more than $4 billion as a result of the COVID-19 pandemic – now with only Ethiopian Airlines posting profits in recent times on the continent, many of the industry players were in survival mode even before this pandemic. However, can they live to see past this black swan? Secretary General of the African Airlines Association (AFRAA), Abderahmane Berthé joins CNBC Africa for more.
Families who lost loved ones aboard Ethiopian Airlines Flight 302 visited the crash site on Tuesday to mark the first anniversary of the tragedy, a day after interim results of a probe focused on faulty systems on the Boeing 737 MAX jet.
In a move to promote growth in the Aviation sector, Nigeria's Ministry of Aviation picked a consortium including Egypt Air to set up an aviation leasing company.
According to a senior government official, Ethiopian Airlines’ operating revenue jumped nearly 30 per cent in the year to July 31 2019, boosted by a surge in passenger numbers. Also, the airline revealed that it plans to build a $5 billion airport that could be able to handle 100 million passengers a year. Miretab Teklaye, Director of Integrated Marketing at Ethiopian Airlines joins CNBC Africa for more.
Ethiopian Airlines’ operating revenue jumped nearly 30% in the year to July 31. In March, one of the airline’s Boeing planes crashed a few minutes after take-off from Addis Ababa en-route to Nairobi, killing all 157 people on board.
Ethiopian Airlines saw a big rise in its operating revenue in the year to the end of June, as a surge in passenger numbers helped to offset the impact of higher fuel costs.