In the current fiscal year, Ethiopia’s national flag air carrier and Africa’s largest airline company, Ethiopian Airlines has reported $6.1 Billion in revenues.
This year, Ethiopian has resumed all of its suspended international passenger flight services after it was was forced to suspend 91 of 110 passenger flights at the height of the Covid-19 crisis in 2020.
According to a statement by the airline, the figure has shown a 20 percent year-on-year increase. The company’s total revenues last year was $5 billion. Group CEO Mesfin Tasew says the airline achieved its target for the year despite challenges that hit the aviation sector such as rising fuel cost.
The Group CEO has also mentioned resumption of flights to Tigray locally and the growing passenger services demand globally on a positive note. The airlines saw increasing demand for international passenger flight services as countries move to lift Covid-19-related travel restrictions. Twelve new passenger planes – eight Boeing 737 max, two Airbus a350 and one B878, started operating this year. The airline also added two aircrafts to its cargo operations with the help of its MRO in-house experts who converted two Boeing 767 passenger planes to freighters.
