Ethiopian Airline plans 140 aircraft fleet by 2025

Ethiopian Airline plans 140 aircraft fleet by 2025

Sunday, August 23, 2015 9:26 pm


Ethiopian Airlines  said  that the airline is expected to have 140 aircraft in its fleet  by 2025.

Mr Solomon Begashaw , General Manager at the Nigerian office told newsmen in Abuja that the airline currently has 76 aircraft, adding that the airline was running vision 2025, a 15-year plan and it started in 2010.

“Our vision in 2025 is to be the leading airline group in Africa with seven profit-oriented centres and a 4-Star airline with 5-Star services.

“In this vision, there are parameters, expectations and requirements that we are supposed to achieve.

“In our vision 2025, our mission is to transport 22 million passengers per annum; currently we are at six million plus per annum.

“In terms cargo, we are expected to hit 820 tons of cargo per annum; we are currently doing 220 tons of cargo”, he said.

Begashaw said the airline was projecting to make 10 billion dollars per annum in 2025 and a profit of one billion dollars.

He said that currently the airline was making 2.4 billion dollars annual turnover.

The general manager said the airline’s target was to fly 120 to international destinations in 2025 and 26 domestic destinations, adding that currently the air line is flying 91 international destinations.

He said the airline is also expected to have 17, 000 employees in 2025 as against 8,000 employees presently on its payroll.

He said in the past three months it has started seven new destinations, namely Manila, Japan, Los Angeles, Cape Town, Republic of Congo, Dublin and Cameroon.

He said the ongoing expansion of Addis Ababa Bole Airport, when completed would boost the airline’s operations, adding that the Ethiopia Aviation Academy would provide the company with skilled labour

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