Ethiopian’s eight-month revenue surges to 25 billion birr

EthiopianAddis Ababa, Ethiopia - Amid difficulties faced by the global airline industry, the national flag carrier, Ethiopian Airlines, had so far collected a revenue totaling some 25.1 billion birr in its eight months of operation, Diriba Kuma, the Transport Minister told parliament on Tuesday.

He was presenting his office’s eight-month performance.

According to the minister, the airline’s plan for the fiscal year is to increase its total revenue to 30.1 billion birr, and so far it has achieved around 82 percent of the plan it had already set.

He told the House that the airline had already finished the construction of its perishable warehouse and that the terminal was operational for customers.

He added that among other operations that were scheduled to be executed by the airline, the installation of simulators for B787 and Q400 and the construction and delivery of students’ classrooms for its aviation academy were under way. Hence, in the past eight months it was able to achieve 95 percent and 90 percent of the plan respectively. Read more

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