Welcome! Log into your account. your username. your password. Ethiopian Airlines ET has announced a USD 233 million or 6.87 billion birr net profit in the 2017/18 budget year, a significant growth in terms of birr. When reviewing the annual performance report Tewolde Gebremariam, CEO of the Ethiopian Airlines Group, and his team stated that the airlines registered massive achievements in the past budget. Ethiopian Airlines made a record high net profit of 6.8 billion birr USD 233 million in the 2017-2018 fiscal year that ended June 2018. Briefing reporters yesterday about the annual performance of the national airline Ethiopian Airlines Group CEO Tewolde Gebremariam stated that the airline registered a remarkable performance despite the.
As of November 2017, the CEO of Ethiopian Airlines is Tewolde Gebremariam; he replaced Girma Wake in 2011. The airline, which is wholly owned by the Government of Ethiopia, has traditionally been unfettered by government intervention, even during times of significant turmoil and domestic hardship. © 2019 - Ethiopian Airlines Sitemap 沪ICP备16054809号. Addis International Bank announced that it has increased its annual profit by 57.57 million birr in the fiscal year 2019 / 2018 and has earned 205.1 million birr gross profit 159.3 million birr net profit. 18/08/2017 · Ethiopia’s national carrier is flying high -- literally and profit-wise. Ethiopian Airlines' annual profit is up by 10 percent compared to last year. This is in stark contrast to other African carriers -- such as South African Airways and Nigeria's Arik Air -- which are battling to stay in the skies. CGTN's Girum Chala takes a look.
September 8, 2017 - The Ethiopian flag carrier, Ethiopian Airlines, significantly increased its profit for 2016, buoyed by 18 percent jump in passenger numbers. Ethiopian’s revenue for 2016 came out to $261.9 million, significantly up from $150.9 million the previous year. 10/08/2018 · Ethiopian Airlines net profit up in FY 2017/18-CE0. 1 Min Read. ADDIS ABABA, Aug 10 Reuters - Ethiopian Airlines’ net profit in the 2017/18 financial year rose to $233 million from $229 million the previous year, the state owned carrier’s chief executive said on Friday. I don't know. But since I was A2A and nobody else has answered I'll mention a few things I heard or noticed: they fly to more destinations than any other African airline, helping to make Addis Ababa somewhat of a hub e.g. for people flying f.
June 5, 2017, Toronto, Ontario – Ethiopian Airlines joined hands with Boeing and three non-profit organizations NGO’s to deliver 6.5 tons of humanitarian aids for St. Paul’s Hospital and Bihar Dar University College of Medicine & Health Sciences while taking. Ethiopian Airlines Ethiopian is the flag carrier of Ethiopia. During the past seventy plus years, Ethiopian has become one of the continent's leading carriers, unrivalled in Africa for efficiency and operational success, turning profits for almost all the years of its existence. 20/08/2017 · Ethiopian Airlines' annual profit is up by 10 percent compared to last year. This is in stark contrast to other African carriers -- such as South African Airways and Nigeria's Arik Air -- which are battling to stay in the skies. CGTN's Girum Chala takes a look at the secret to success of the continent's largest airline. 07/10/2019 · In FY2019, Ethiopian Airlines reported an operating profit of $260 million, with $4 billion operating revenues. The total number of passengers that have stepped on board Ethiopian’s aircraft in FY2019 is 12.1 million. In addition, the airline carried 432,000 tons of cargo. 11/08/2017 · Many national airlines in Africa have struggled over the years, several have gone bust and a few - like South African Airways - are a constant drain on taxpayers. But Ethiopian is one of the big success stories in African aviation. In 2016 it made more profit than all of the other African airlines.
11/06/2018 · Ethiopian Airlines recently celebrated the delivery of its 100th aircraft,. In its 2016-2017 fiscal year, the Star Alliance member airline generated revenue of $2.71 billion and a net profit of $232 million. The airline transported 9 million passengers and. 08/03/2016 · As major African airlines face difficult situations and heavy losses, Ethiopian Airlines continues to spread its wings. According to a data from the International Air Transport Association, Ethiopian Airlines recorded a full-year profit of more than.
|10/08/2018 · ADDIS ABABA, Aug 10 Reuters - Ethiopian Airlines’ net profit in the 2017/18 financial year rose to $233 million from $229 million the previous year, the state owned carrier’s chief executive said on Friday. Chief Executive Tewolde Gebremariam told a news conference in Addis Ababa that the.||10/11/2017 · Profits at Ethiopian Airlines dipped 19 percent to $232 million in the last financial year on unaudited revenues of $2.71 billion, as cargo reached almost 340,000 tons, Ethiopian Airlines Group CEO Tewolde Gebremariam told AIN on the sidelines of the Airline Economics Growth Frontiers Dubai 2017 conference last month.||Ethiopian Airlines joined hands with Boeing and three non-profit organizations NGO’s to deliver6.5 tons of humanitarian aids for St. Paul’s Hospital and Bihar Dar University College of Medicine & Health Sciences while taking delivery of yet another B787 aircraft from Boeing.||Ethiopian Airlines is plays an important role in connecting Africa to China – with daily flights to Beijing, Shanghai, Chengdu, Guangzhou and Hong Kong. And the carrier is planning to further deepen this relationship by using the Chinese-made small Y-12 aircraft for its domestic routes.|
It shows the airline building on its previous success, with Reuters reporting Ethiopian Airlines’ annual revenue for 2017-2018 at US$3.7 billion. Ethiopian Airlines launched the biggest airport aviation hub in Africa, in January 2019. Photo: Alan Wilson via Flickr. In January of this year, a new passenger terminal in Addis Ababa was launched. 01/10/2019 · The report shows that the state owned Ethiopian Airlines Group has made a total profit of 8.9 billion birr $326 million before tax. During the current Ethiopian fiscal year 2012, which started July 8, 2019, Ethiopian Airlines Group has planned to collect total revenue of 155 billion birr about $5.7 billion at the prevailing exchange rate.
18/07/2011 · Ethiopian Airlines is once again Africa's most profitable airline, according to 2011 World Airline Report by Air Transport World ATW. For Fiscal Year 2010 which ended in June, Ethiopian Airlines made a net profit of 121.4 million dollars, ranking it as the most profitable airline in Africa by far. 16/03/2018 · Not any more. If you want to fly on the continent’s best airline, with the world’s most modern aircraft, then it has to be Ethiopian. During traumas from famine to revolution, the airline has managed to deliver those two elusive qualities: customer service and profit last year, which was a lean one, it made about £9 per passenger. Addis Ababa-based Ethiopian Airlines is the national airline of Ethiopia. One of the leading airlines on the African continent, Ethiopian Airlines serves more than 60 international destinations across Africa, Asia, Europe, The Middle East, and North America, as well as operating an extensive domestic and international cargo network. 21/01/2015 · DireTube A record high profit for Ethiopian Airlines Ethiopian Airlines has reportedly registered a record high profit of 3.15 billion birr in the 2013-2014 fiscal year that ended in June 2014. The announcement of the profit on the Reporter newspaper was made after one year and five months since the national flag carrier talked about.
Ethiopian Airlines Gets Record Profit of 6B Birr. February 11, 2017 - Ethiopian Airlines made a record high net profit of six billion birr 273 million dollars in the 2015-2016 fiscal year ending June 2016, according to the Reporter. Ethiopian Airlines, the national airline of Ethiopia, has a good safety record. As of March 2019, the Aviation Safety Network records 64 accidents/incidents for Ethiopian Airlines that total 459 fatalities since 1965, plus six accidents for Ethiopian Air Lines, the airline's former name.
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