Ethiopian airlines orders 10 more planes

[RVtitem]

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Ethiopian Airlines has placed an order for 10 Airbus A350-900 aeroplanes, it said on Tuesday, in addition to at least another 10 it already has on order.

The extra A350-900s will be deployed on the airline's long haul routes connecting Addis Ababa with destinations in Africa, Europe, the Middle East and Asia, Chief Executive Tewolde GebreMariam said in a statement.

The state-owned carrier is ranked the largest in Africa by revenue and profit by the International Air Transport Association (IATA), the global industry body.

It wants to increase revenue to $10 billion by 2025 and expand its fleet to 140 aircraft from less than 90 now, with sights set on Asia. It has placed orders for 50 planes altogether.

http://www.businessinsider.com/r-update-1-ethiopian-airlines-places-order-for-10-airbus-planes-2017-6?IR=T

https://www.ethiopianairlines.com/corporate/company/about-us/fleets

[Nefertiti]

ET is a swift operator and very strategic. KQ's Far East -to Africa market is gone. ET is emerging as the ultimate local competitor to Gulf airlines. Just like Ethiopia is turning into the regional economic powerhouse.

[Kadame5]

ET is a swift operator and very strategic. KQ's Far East -to Africa market is gone. ET is emerging as the ultimate local competitor to Gulf airlines. Just like Ethiopia is turning into the regional economic powerhouse.

KQ used to be so badass. What happened to it?

[Nefertiti]

KQ used to be so badass. What happened to it?

Incompetence Kenya -style of course. Like the failure to tap the market as projected in "Mawingu", silly fuel hedging while oil prices plummeted, travel advisories, etc. I do actually believe worldclass management would have delivered much better than those two cement dealers. Now they are having to sell out or lease their fleet to pay debt and Kenya has really lost. Those ET billions are going into the Ethiopian economy. Let us see if this Polish mzungu can turn things around.

[RVtitem]

KQ used to be so badass. What happened to it?

Incompetence Kenya -style of course. Like the failure to tap the market as projected in "Mawingu", silly fuel hedging while oil prices plummeted, travel advisories, etc. I do actually believe worldclass management would have delivered much better than those two cement dealers. Now they are having to sell out or lease their fleet to pay debt and Kenya has really lost. Those ET billions are going into the Ethiopian economy. Let us see if this Polish mzungu can turn things around.

They should have given KQ and KAA top jobs to chinese. It makes operations easy since we already have many chinese in Kenya and they are cheaper.