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[Jan 2018] Ethiopian Airlines Latest Ethiopian News | Ethiopian Business Directory & Portal - Addis Biz

Ethiopian Airlines to build a new 5 Star Hotel

Ethiopian Airlines Logo Profit IncomeEthiopian Airlines, the national carrier, moves further to conquer the hotel industry through the construction of a 637-key five-star hotel in the capital. The hotel costs the Company about 2.5 billion Br.

The hotel will also have a duty-free shop, cultural shop, an aviation museum and parking lots built on a 22,410sqm plot of

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Ethiopian Airports Enterprise Finalizes Two Airports’ Runway

The Ethiopian Airports Enterprise (EAE), which recently merged with Ethiopian Airlines, has completed the construction of Shire and Jinka airport runways with a cost of 971 million Br, raising the number of operational airports to 20 in the country.

The completion is announced in the midst of the integration of the Enterprise with the Ethiopian Airlines to form Ethiopian Airlines Group.

The construction of the two runway projects includes paving, repairing the surface, developing drainage structure, building an access road

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Airbus A350 to conduct demo flight in Addis Ababa

Airbus a350 ethiopia addis ababa ethiopian airlinesThe new jetliner made by the European consortium Airbus A350-900 aircraft will conduct a demonstration flight on Wednesday in Addis Ababa. Ethiopian Airlines ordered 14 Airbus A350-900 aircraft – also know as extra wide body (XWB) – to be delivered between 2016-2019.

Officials of Ethiopian Airlines told The Reporter that the state-of-the-art jetliner will take off from the Addis Ababa Bole

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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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