https://www.ethiopianairlines.com/corpo ... test-press
- Total Rev: $3.2 billion
Net Profits: $244 million
10.6 million passengers transported - up 21% y/y and first time over 10M
400,000 tons of freight - up 18% y/y
14 new planes
8 new international destinations
So, yes, ET is killing it! Their African expansion is continuing with the Chadian Airlines, Ceiba in Equatorial Guinea, and as the CEO said: they are one of the front runners to run Nigeria Air (he doesn't believe in jinx I presume)...
Other noteworthy news:
[*]The CEO is suggesting selling minority stakes to other African governments https://www.nation.co.ke/news/africa/Et ... index.html
So ET will be officially the new Air Afrique (with profits).
[*] ACC-LGW is being worked out
[*] The Mozambique subsidiary is to be called Ethiopian Mozambique Airlines - they are not looking for points in creativity.
[*]ET Cargo to fly Norwegian salmon to China: https://www.businessdailyafrica.com/new ... index.html
[*]New stopover package launched by ET Holidays. https://aeronauticsonline.com/ethiopian ... r-package/ I think they should also look at reducing the visa fees to make it more attractive.
All good news for ET. They are a juggernaut that is seemingly unstoppable. I wish they would try to launch an airline in the DRC and really work on creating a separate brand such as ASKY that they can use in every market they enter. This is a la LAN in the past or LATAM and Avianca now. They will also need to put much more focus on customer service which has major weaknesses (social media is full of such reports).
What do you all think??