As the largest airline in Africa by revenue and profit, Ethiopian currently runs 97 passenger and freight airlines and flies to more than 120 international and domestic passenger and cargo destinations.
By Abdi Latif Dahir (Quartz Africa) |
With a mix of strategic investments and partnerships, airline acquisitions, and efficient service delivery, Ethiopian Airlines hopes to take over Africa’s skies and change air travel on the continent.
This week, the carrier announced it bought a 45% stake to revive Zambia Airways, which went into liquidation way back in 1994. The airline is also in talks with other African governments including Ghana to re-launch their national carriers. Last year, negotiations to manage Nigeria’s biggest private airline Arik Air fell through, but the company has already reportedly expressed interest in two other initiatives in Africa’s largest market. Ethiopian Airlines already operates Malawian Airlines through a deal signed in 2013, and partners with privately-owned ASKY Airlines through a hub in Lomé, Togo.
This determination to spread itself across the continent is driven by its overarching strategy to establish multiple hubs that would ease connectivity and help it cash in on the growing air travel market in Africa. As the largest airline in Africa by revenue and profit, Ethiopian currently runs 97 passenger and freight airlines and flies to more than 120 international and domestic passenger and cargo destinations.
Yet under its Vision 2025, the airline not only wants to become the leading aviation group in Africa but also improve passenger and cargo transport, increase airport services, and expand its aviation academy. By becoming the missing link, analysts say Ethiopian wants could facilitate the flow of investment, trade, and tourism. If it all goes to plan, it could also connect smaller and secondary airports; increase competition, and eventually make Africa’s airspace travel-friendly.
Continue reading this story at Quartz Africa
- Ethiopian Airlines Begins Daily Flights between Addis Ababa and Muscat
- ch-aviation Interview with Ethiopian Airlines CEO Tewolde Gebremariam
- Ethiopian Airlines Signs MoUs with Addis Ababa University and Guangdong Airport
- Ethiopian Airlines Signs MoU with Aerosud Group to Establish Aerospace Manufacturing Industry
- SkyTrax World Airline Awards 2016: “Best Airline Staff Service in Africa” Award Goes to Ethiopian Airlines