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[Aug 2017] Tewolde Gebremariam Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Ethiopian Airlines Seeks New Contractor for 1.5b Br Housing Project

Ethiopian Airlines has invited nine companies in a bid to take over the employee housing project from Zhejiang Yefeng, a Chinese contractor, which has been at odds with Ethiopian for a two-year delay in its execution.

Six companies responded to the invitation and submitted their technical and financial offers in June 2015. Among these are YOTEK Construction Plc, Flintstone Engineering, Tekleberhan Ambaye Construction Plc (TACON) and Afro–Tsion Construction Plc, according to sources who did not wish to be identified.

It was

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Ethiopian Airlines to lease eight Dreamliners from Boeing

Ethiopian Airlines Logo Profit IncomeExecutives of Ethiopian Airlines are in talks with bigwigs of Boeing to lease six to eight Boeing 787-8 early build Dreamliner aircraft.

These aircraft were manufactured by the American airframer, Boeing, in the early days of production of Dreamliner aircraft. The early build aircraft are heavier than those that are being assembled

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Ethiopian Airlines earns a record profit of 3.15 bln birr

Ethiopian Airlines Logo Profit IncomeEthiopian Airlines Aviation Group made a record high profit of 3.15 billion birr in the 2013-2014 fiscal year that ended in June 2014.

The net profit is the highest the airline made in its 69 year history and surpassed the net profit it bagged last year by 53 percent. Last fiscal year the airline made a net profit of 2.3 billion birr. According to information obtained from the

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