Search

Record $7.6bn fuels Ethiopian Airlines’ bid to dominate African skies

Photo by Jeffry S.S @ Pexels Ethiopian Airlines
Photo by Jeffry S.S @ Pexels
  • Ethiopian Airlines posted record $7.6bn revenue in 2024/25, lifted by fleet expansion
  • Plans for $7.8 billion Bishoftu International Airport could cement Addis Ababa as Africa’s aviation gateway

ADDIS ABABA, ETHIOPIA - Ethiopian Airlines is pushing ahead with a multi-billion-dollar plan to build Africa’s largest airport after closing its 2024/25 financial year with record earnings.

The airline is pressing on despite battling currency pressures, domestic losses and political risks in the Horn of Africa.

The state-owned carrier generated $7.6 billion . . .

Recent Business

Oil drilling rig Photo Marian Lupan @ Unsplash
Senegal’s Petrosen shifts to $100mn onshore oil exploration
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda raises central bank rate to 7.25% as inflation breaches target band
Read More »
Oil refinery. Photo by Devon Chandler @ Pixabay
Cameroon opens nine oil and gas blocks to global investors
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights