Top News

|  Kerala govt. intends developing Azhikkal port  |    |  Civil Aviation Policy envisages growth of air cargo volumes to 10 mt by 2027  |    |  Milaha new PQX to establish a second weekly service to & from Mundra  |    |  Swire Shipping to start weekly services to Micronesia  |    |  Centre plans INR 1L crore worth road projects  |    |  APL to launch new Asia Latin America Express 3 service  |    |  Pace of air cargo rate improvement slows in July  |    |  Asia-Europe rate inches up 0.5% to USD 923 TEU, off 7% to USWC  |    |  Shapoorji Pallonji Group bids for LNG regasification terminal  |    |  PPT launches massive plantation drive inside Harbour Area  |    |  Delhi Metro launches WiFi on Blue Line stations  |    |  Vistara to restart New Delhi-Varanasi services in October  |    |  Railway projects launched in Odisha  |    |  SCR will run two special trains  |    |  MOL to levy USD 500 TEU hike on cargo for southern Africa September 1  |    |  Ethiopian Airlines to purchase 59 more aircraft from now until 2025  |    |  GDL announces profit after Tax of INR 12 crore in Q1 FY 2018  |    |  Air Odisha & Air Deccan to start services by Sept 30 under RCS 1  |    |  VCT aiming at new cargoes  |    |  Re-export of cotton likely from Kochi port  |   
You are here: Home » National News » Aviation» Ethiopian Airlines to purchase 59 more aircraft from now until 2025

Ethiopian Airlines to purchase 59 more aircraft from now until 2025

25 August 2017 | Africa
 

transreproter

Ethiopian Airlines (ET) plans to purchase 59 aircraft between now and 2025 under its medium-term growth plan that forecasts annual revenue will reach USD 25 billion by 2025, up from unaudited revenue of USD 2.71 billion in 2016/2017.

Unveiling the expansion plan to journalists at the airline's headquarters in Addis Ababa, Ethiopia, the manager of ET-Holidays, Seble Wongel Azene, said the airline will expand its network to over 120 destinations by 2025 by which time it hopes to fly 22 million passengers annually.

Government-owned ET currently flies 8.8 million passengers annually from 100 international and 19 local destinations, with a fleet of 92 aircraft. It operates 1,681 weekly flights and 240 daily flights across its route network, and carried 338,646 tonnes of cargo in 2016/2017.

   
Transreproter Logo