As part of efforts aimed at enhancing its aviation infrastructure and boosting its economic development, Africa’s biggest aviation Group Ethiopian Airlines has signed an agreement with Dar Al-Handasah, an international consulting firm, to design and oversee the construction of a new mega airport.
According to Ethiopian Airlines Chief Executive Officer, Mesfin Tasew, the new hub will be able to handle 100 million passengers a year and provide parking for 270 aircraf tonce completed in five years.
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The airport will be located near Bishoftu town, approximately 42 km east of the Ethiopian capital, Addis Ababa.
“It is a five-year project that will be finalised in 2029. It will be the biggest in Africa. Phase one alone will cost at least $6 billion. The money will come through loans and there are already companies that already showed interest,” Mesfin said. Ethiopian Airlines carried 17.1 million passengers in the 2023/2024 financial year and expects to carry 20 million passengers in the new financial year that started on July 8, 2024. The new airport will include shopping and hotel facilities.
