Ethiopian Airlines, the national flag carrier of Ethiopia, has emerged as a vital force in the country’s economy and plays a significant role in the aviation sector throughout Africa and beyond. With its expanding network, strategic partnerships, and substantial contributions to the continent’s development, the airline has come to represent Africa’s remarkable aviation capabilities.
Recognized as a key driver of Ethiopia’s GDP, Ethiopian Airlines holds the distinction of being Africa’s largest and most profitable airline, consistently contributing to the nation’s economic progress. In recent years, the airline has experienced remarkable growth in passenger numbers, destinations, and cargo operations, resulting in a positive impact on Ethiopia’s overall GDP. It contributes around 5.7 per cent country’s GDP share. In addition flying to the four corners of the world, the airlines has also become Ethiopia’s symbolic diplomat.
The airline’s extensive route network connects Ethiopia to major cities across Africa, Europe, Asia, and the Americas. This connectivity not only facilitates trade and tourism but also enhances Ethiopia’s global image as a major hub for business and travel. Ethiopian Airlines’ efficient operations and strategic partnerships have attracted foreign investments, benefiting various sectors of the Ethiopian economy, including hospitality, logistics, and tourism.
Moreover, Ethiopian Airlines holds immense significance for African countries, serving as a catalyst for regional integration and economic cooperation. The airline has been at the forefront of efforts to improve air connectivity within the continent, allowing for easier movement of people and goods across borders. Its commitment to opening new routes and increasing flight frequencies has fostered economic and cultural exchanges among African nations and beyond. Furthermore, the airline’s contribution to maintaining diplomatic relations between countries is an additional benefit for Ethiopia.
One of Ethiopian Airlines’ notable contributions to the continent lies in its stake share in different African countries. The airline has successfully acquired equity stakes in several African carriers. For instance, it holds a 40% stake in ASKY Airlines, a regional airline based in Togo with a strong presence in West and Central Africa. Ethiopian Airlines also holds a 49% stake in Malawian Airlines, the national carrier of Malawi, since its launch in 2013. Additionally, the airline has a 49% stake in Tchadia Airlines, the national airline of Chad, which was established in 2018 and also it has stake in other countries carrier. These partnerships have not only enhanced the operational efficiency of these airlines but also promoted collaboration and knowledge sharing, leading to overall growth in Africa’s aviation sector.
Furthermore, Ethiopian Airlines has played a crucial role in supporting the economic development of African countries through its cargo operations. The airline has facilitated the export of African products, including fresh produce, flowers, coffee, and textiles, to international markets. This boost has had a positive effect on the agricultural and manufacturing sectors of various African nations, creating employment opportunities and driving economic progress.
In addition to its economic contributions, Ethiopian Airlines has been actively involved in humanitarian and philanthropic endeavors across Africa. The airline has played a significant role in delivering relief supplies during natural disasters, supporting healthcare initiatives, and providing transportation for medical emergencies. Such initiatives have earned Ethiopian Airlines a reputation as a responsible corporate citizen committed to the well-being of the continent.
As Africa continues to strengthen its position in the global aviation industry, Ethiopian Airlines stands as a shining example of African excellence and ambition. With its robust infrastructure, expansive network, and commitment to innovation, the airline is contributing to the transformation of Africa’s aviation landscape, ensuring that the continent’s economic growth is supported by a world-class airline.
Recently, Ethiopian Airlines reached an agreement with Boeing to purchase 20 Boeing 777 X9 aircraft, marking the first of its kind in Africa. This deal has been commended by the U.S. Ambassador to Ethiopia, Ervin Massinga made, who believes it will greatly strengthen the economic relations between Ethiopia and the United States. The ambassador recently stated that the aircraft purchase agreement between the Boeing Company and Ethiopian Airlines will move the strong relationship between the two institutions into a new phase. “Not only this, but the agreement is also beneficial for the growth of the economies of Ethiopia and the U.S.”
During the Ethiopian Airlines Group signed a Memorandum of Understanding with Boeing Company, the CEO of Ethiopian Airlines Group, Mesfin Tasew, emphasized the significance of this order, stating that it is the first of its kind in Africa and will elevate the airline to new heights.
Boeing Company Senior Vice President of Sales and Marketing Brad McMuller said that the companies are strategic partners for a long. “We plan to work together based on the demand of the airliner.”
According to ENA report the Ethiopian Airlines has also signed an agreement to purchase a total of 84 passenger aircraft from Boeing and Airbus in November 2023. The airline aims to increase its annual revenue to $25 billion USD by 2035 and carry 67 million passengers annually.
Additionally, Ethiopian Airlines has received numerous aviation awards from different organizations and has been recognized as the Best Airline in Africa for six consecutive years. Throughout the COVID-19 pandemic, the airline demonstrated remarkable resilience and was the only profitable company in Africa, distinguishing itself among global airlines. With over 75 years of successful operation, Ethiopian Airlines has become the leading carrier in the continent and has built a global brand.
According to reports, Ethiopian airlines, as a flag carrier boasts an extensive network of over one hundred and fifty destinations across five continents. With a fleet of over one hundred and forty aircrafts the airline stands out as a leader in the continent’s aviation industry. Presently, Ethiopian airlines operate 20 Airbuses A350s, 44 Boeing 737s, 20 Boeing 777s, 29 Boeing 787s, 32 Bombardier Q400s, and 3 Boeing 767s. This impressive fleet enables the airline in Africa to provide unparalleled connectivity and service to passengers worldwide.
In conclusion, Ethiopian Airlines remains a vital contributor to Ethiopia’s GDP, a symbol of Africa’s aviation prowess, and an engine of economic growth on the continent. Through its expanding network, stake share in different African countries, and commitment to regional integration, the airline continues to promote trade, tourism, and cooperation among African nations. As it continues to soar to new heights, Ethiopian Airlines serves as a testament to Africa’s determination to shape its destiny in the global aviation industry.
BY EYUEL KIFLU
THE ETHIOPIAN HERALD TUESDAY 12 MARCH 2024
