Travel 

Monday, June 16, 2014 

Ethiopian Airlines tops in Africa

ADDIS ABABA, Ethiopia - Ethiopian Airlines has been officially declared the largest African carrier with revenue topping $2.3 billion in 2013.

This was confirmed last week by the International Air Transport Association (IATA) in its 58th edition of World Air Transport Statistics.

“This success is the result of the collective effort of the Board of Directors, the Management and the entire 8,000 plus Ethiopian Airlines employees, who toil night and day to make our beloved airline shine high in the sky. It is also a validation of our fast, profitable and sustainable growth strategy, Vision 2025. It confirms that with we are well on track to achieving our Vision 2025 strategic goal of becoming a mega global carrier with 10 billion $ in revenue by 2025,” Tewolde Gebremariam, the Group Chief Executive Officer of Ethiopian Airlines said in a company statement.

 According to IATA annual airlines ranking, Ethiopian is first in Africa and 37th in the world in terms of annual revenues. It is also first in Africa and 18th in the world for highest operating profits. 

Management also thanked the government for being supportive.

“2013 marks a milestone year in the history of the airline. For the first time in our long history, we are number one in Africa in terms of revenue and profit. We owe this success, above all else, to the patronage of our esteemed customers, who are choosing to fly with us,” Gebremariam said.

By John Sambo, Monday, June 16th, 2014