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AfricaMoney | October 19, 2017

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Ethiopian Airlines ranked Africa’s leading airlines according to IATA

Ethiopian Airlines ranked Africa’s leading airlines according to IATA

According to IATA annual airlines ranking, Ethiopian is first in Africa and 37th in the world in revenue as well as first in Africa and 18th in the world in operating profit. (Image: ECAD Forum)

Ethiopian Airlines is now the largest airlines in Africa in terms of annual revenue and profit, noted the International Air Transport Association (IATA) in the 58th edition of World Air Transport Statistics.

The national carrier has become, for the first time in 69 years, the largest African carrier with revenue topping $2.3 billion in 2013.

Mirroring the country’s dramatic economic and social progress made over the past decade, the North African economy’s flagship carrier has expanded its operations and size adding the latest and most modern aircrafts to its fleet.

According to IATA annual airlines ranking, Ethiopian is first in Africa and 37th in the world in revenue as well as first in Africa and 18th in the world in operating profit.

Ethiopian Airlines, crowned as the fastest growing and most profitable airline in Africa, has extended its appreciation to its customers for their vote of confidence.

The historical ranking achieved by Ethiopian in 2013 is a testimony of the confidence of passengers in the airline; the soundness of its 15 year strategic roadmap of fast, profitable and sustainable growth – Vision 2025; the strategic guidance and support of the airline’s Board of Directors and the Ethiopian government; the dedication and competence of its management; and the commitment, skill and hard work of its 8,000-odd employees.

“2013 marks a milestone year in the history of the airline. For the first time in our long history, we are number one in Africa in terms of revenue and profit. We owe this success, above all else, to the patronage of our esteemed customers, who are choosing to fly with us in ever increasing record numbers. I thank them on behalf of the entire Ethiopian Airlines family and pledge to them that we will continue to work hard to earn their confidence,” said Group Chief Executive Officer of Ethiopian Airlines, Tewolde Gebremariam.

“We are well on track to achieving our Vision 2025 strategic goal of becoming a mega global carrier with $10 billion in revenue by 2025,” he added.

Ethiopian Airlines is a global Pan-African carrier currently serving 82 international destinations across 5 continents with over 200 daily departures.

Besides, the airlines boasts a fleet of modern aircraft, comprising 66 planes such as the Boeing B777s and B787s.

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