Ethiopian Airlines Revenue Hits $9B: Strategic Resilience
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6 Articles
With $9.1 billion in revenue, Ethiopian Airlines signs its best year. But rising costs, its high-voltage fleet and a sharp fall in African net margin offset this result.
Addis Ababa, July 23, 2018 (FMC) Ethiopian Maritime Transport Logistics has earned 157.2 billion birr in revenue in the 2018 fiscal year. In a statement, the company’s CEO Abdulber Shemsu (E/R) said that 7.04 million metric tons of cargo were transported in the fiscal year. He said that 157.2 billion birr was achieved against the target of 144.9 billion birr. He noted that 108.5 percent of the target was achieved, representing a 27 percent in…
Ethiopian Airlines says Eritrea has frozen ticket sale revenues
Ethiopian Airlines said it is still unable to access money earned from ticket sales in Eritrea, with Chief Executive Mesfin Tasew saying a substantial amount of the carrier’s revenue remains frozen because of the political dispute between the two countries. Mesfin said the funds have remained inaccessible as relations between Ethiopia and Eritrea have deteriorated, preventing the airline from repatriating revenues generated from its operations i…
Ethiopian Airlines generated sales of 9.1 billion US dollars (about 8.3 billion euros) in the 2025/2026 financial year – an increase of 20 percent compared to the previous year, reported the state-owned Ethiopia News Agency.
Ethiopian Airlines Revenue Hits $9B: Strategic Resilience
Ethiopian Airlines has crossed the $9.1 billion annual revenue mark, proving that operational agility is the ultimate shield against regional geopolitical and health crises. The post Ethiopian Airlines Hits $9 Billion Milestone: Resilience Lessons for African Firms appeared first on Business Elites Africa.
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