Ethiopian Airlines has reported a record-high net profit of 3.5 billion birr (R2.2 billion) in the 2014-2015 fiscal year that ended June 2015
- Ethiopian Airlines reported an operating revenue of 49.4 billion birr (R31.4 billion) and an operating profit of 4.7 billion birr (R3 billion). Ethiopian Airlines has also announced plans to order 44 new aircraft, doubling its 76-plane fleet in the face of rising air traffic as Africa’s economy sees steady growth. This news comes ‘hot on the Jetstream’ of the launch of new direct routes from Addis Ababa to Cape Town and Gaborone.
To accommodate the projected growth, the African carrier has implemented “Vision 2025,” a fleet expansion plan that aims to add 20 Boeing 737 MAX 8s, 14 A350-900s, six Boeing 787 Dreamliners, two Boeing 787-9s, and two 777-200F Boeing freighters to its fleet over the next decade.
- SWISS has introduced service to 22 new destinations from its Zurich hub with the 2015 summer schedules. Some new points from Zurich include Thessaloniki, Izmir, Malta, Bilbao, Porto, Gothenburg, Helsinki, Santiago de Compostela, Riga, Ljubljana, Krakow, Sarajevo, Sofia and Zagreb.