Ethiopian becomes the largest African carrier by revenue and profit

According to IATA, Ethiopian now ranks first in Africa and 37th in the world in terms of revenue and first in Africa and 18th in the world in terms of operating profit.

Ethiopian Airlines, the fastest growing and most profitable African airline, has become the largest African carrier by revenue and profit according to the International Air Transport Association’s (IATA) latest airline ranking – published in the 58th edition of World Air Transport Statistics (WATS). With revenue topping $2.3 billion in 2013, this is the first time Ethiopian Airlines has achieved such a ranking in its 69-year operating history.
 

According to IATA, Ethiopian now ranks first in Africa and 37th in the world in terms of revenue and first in Africa and 18th in the world in terms of operating profit. The historical ranking achieved by Ethiopian in 2013 is a testimony to the confidence of its passengers; the soundness of its 15 year strategic roadmap of fast, profitable and sustainable growth, Vision 2025; the strategic guidance and support of the airline’s Board of Directors and the Government of Ethiopia; the dedication and competence of its management; and the commitment, skill and hard work of its employees. Follow the link to read more...

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