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Ethiopian's 6-month Profit At ~ $56 Million  
User currently offlineETStar From Canada, joined Jan 2004, 2103 posts, RR: 7
Posted (7 years 10 months 5 days 9 hours ago) and read 2539 times:

Capital Ethiopia, one of two English-language "business" papers in Addis, reports that Ethiopian posted half a billion birr profit (~ US$56.32 Million) in the first half of its fiscal year. This is recorded as a 39% increase in profits when compared to the same period last year, with a 21% increase in passengers. I hope I read it right.

Also interesting is what the paper reiterates, a "long awaited" cooperation to be signed between Ethiopian and Lufthansa, including code sharing. Two or three weeks ago, the same paper had given a 1-week time line for such signing, while another paper, Addis Fortune, has not picked up the story.

http://www.capitalethiopia.com/archi...7/february/week3/local_news.htm#14

14 replies: All unread, jump to last
 
User currently offlineCraigW From South Africa, joined Aug 2005, 115 posts, RR: 0
Reply 1, posted (7 years 10 months 5 days 4 hours ago) and read 2457 times:

I hope that will use some of the profit to upgrade the older B767 and all of the B757 cabin interiors as they are starting to look tired.

User currently offlineAA1818 From Trinidad and Tobago, joined Feb 2006, 3437 posts, RR: 4
Reply 2, posted (7 years 10 months 5 days 2 hours ago) and read 2410 times:

Quoting CraigW (Reply 1):
I hope that will use some of the profit to upgrade the older B767 and all of the B757 cabin interiors as they are starting to look tired.

They'll be operating brand spanking new 787s soon enough!!!!!

Anyone knows what ET's current fleet is??
Do they fly to London, UK?

AA1818



“The moment you doubt whether you can fly, you cease for ever to be able to do it.” J.M. Barrie (Peter Pan)
User currently offlineAF022 From France, joined Dec 2003, 2173 posts, RR: 1
Reply 3, posted (7 years 10 months 4 days 23 hours ago) and read 2375 times:

From Amadeus it says they will have 6 frequencies from Heathrow in the summer.

User currently offlineETStar From Canada, joined Jan 2004, 2103 posts, RR: 7
Reply 4, posted (7 years 10 months 4 days 14 hours ago) and read 2286 times:

Quoting AA1818 (Reply 2):
They'll be operating brand spanking new 787s soon enough!!!!!

Not soon enough to compete with other airlines on routes the airline serves. The 75s are definitely in need of a face lift.


User currently offlineSoups From Ghana, joined Jun 2004, 3438 posts, RR: 14
Reply 5, posted (7 years 10 months 4 days 10 hours ago) and read 2241 times:

i;ll be flying ET next week ACC-ADD-DEL  Smile


Next destinations, Suarabaya, beirut, paris, Accra
User currently offline757ops From United Kingdom, joined Feb 2006, 318 posts, RR: 0
Reply 6, posted (7 years 10 months 1 day 23 hours ago) and read 2131 times:

Quoting AA1818 (Reply 2):
Anyone knows what ET's current fleet is??
Do they fly to London, UK?



Quoting AF022 (Reply 3):
From Amadeus it says they will have 6 frequencies from Heathrow in the summer.

This is true, There will be service every day except Tuesday. All flight except Thursday will operate with B757-200 but Thursday will be 767-300ER which will be a nice change for the LHR service! All flights currently operate non-stop LHR/ADD stopping inbound via FCO but the weekends operate ADD/LHR direct, however for Summer 2007 3 of the LHR/ADD flights will route back via FCO including the 763 service  Sad


User currently offlineCXA330300 From South Africa, joined May 2004, 1569 posts, RR: 2
Reply 7, posted (7 years 10 months 1 day 23 hours ago) and read 2127 times:

Glad to see Ethiopian is doing well. Maybe we'll see Ethiopian in *A in a few years?

What is Ethiopians frequency on the ADD-FCO-NYC-IAD route?

Do they still have the leased 744s?



The sky is the limit as long as you can stay there
User currently offlineETStar From Canada, joined Jan 2004, 2103 posts, RR: 7
Reply 8, posted (7 years 10 months 1 day 19 hours ago) and read 2093 times:

Quoting CXA330300 (Reply 7):

What is Ethiopians frequency on the ADD-FCO-NYC-IAD route?

ET does not operate to NYC, has not done so in a few years. Today, it does ADD-FCO-IAD 4x per week. As of this summer, it will be up to 6x per week.

Also no leased B744s, had MD11s last year, but not it's all B763s


User currently offlineFemialpha From United States of America, joined Mar 2005, 66 posts, RR: 0
Reply 9, posted (7 years 10 months 20 hours ago) and read 1972 times:

I remember seeing an ET 757 at IAD recently. It is capable of an non stop flight from IAD-ADD?

User currently offlineETStar From Canada, joined Jan 2004, 2103 posts, RR: 7
Reply 10, posted (7 years 10 months 19 hours ago) and read 1963 times:

Quoting Femialpha (Reply 9):
I remember seeing an ET 757 at IAD recently. It is capable of an non stop flight from IAD-ADD?

No. Even the 767 does not operate nonstop. The 757 must have been a VIP flight.


User currently offline757ops From United Kingdom, joined Feb 2006, 318 posts, RR: 0
Reply 11, posted (7 years 9 months 4 weeks 13 hours ago) and read 1866 times:

Quoting Femialpha (Reply 9):
I remember seeing an ET 757 at IAD recently. It is capable of an non stop flight from IAD-ADD?

Or it could have been ET-AJX as it routed through IAD from SEA after its conversion to palleted freighter then continued on through BRU to ADD


User currently offlineETStar From Canada, joined Jan 2004, 2103 posts, RR: 7
Reply 12, posted (7 years 9 months 4 weeks 12 hours ago) and read 1839 times:

Quoting 757ops (Reply 11):

Or it could have been ET-AJX as it routed through IAD from SEA after its conversion to palleted freighter then continued on through BRU to ADD

Thought he/she would have noted its freighter'ness and mentioned it  Wink


User currently offlineFemialpha From United States of America, joined Mar 2005, 66 posts, RR: 0
Reply 13, posted (7 years 9 months 4 weeks ago) and read 1784 times:

Quoting ETStar (Reply 12):
Thought he/she would have noted its freighter'ness and mentioned it Wink

It was definitely not a freighter. It was parked right next to SAA's A340-600 and was at the same location when i returned a week later. Not sure if it moved at all.


User currently offlinePEET7G From Hungary, joined Jan 2007, 695 posts, RR: 0
Reply 14, posted (7 years 9 months 3 weeks 6 days 22 hours ago) and read 1753 times:

Congratulations to them!!! I hope they keep up the good work, and bring an other quality airline to the continent! Oh yeah... maybe OW membership in the future?


Peet7G
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