The outstanding performance Ethiopian Airlines Group has laid the foundation for achieving Vision 2035 strategy, Ethiopian Airlines Group Chief Executive Officer (CEO), Mesfin Tasew said.
Ethiopian Airlines Group Chief Executive Officer (CEO), Mesfin Tasew announced on Thursday that the group has earned 6.1 billion USD in the current Ethiopian fiscal year.
According to the CEO, the revenue has shown a 20 percent increase to same period last year amidst the global economic shocks.
The CEO also said Ethiopian for the first time in the history has graduated over 170 pilots over the year. He added the airline has plans to produce 200 pilots effective from next year.
In this regard, the pilot training school recently inaugurated in Hawassa will play greater role, he said.
Despite tremendous difficulties resulted from internal and domestic challenges, Mesfin underlined that the Ethiopian Airlines Group has ensured its competitiveness in the fiscal year.
Moreover, the outstanding performance of the airlines has laid the foundation for achieving its Vision 2035 strategy, he said.
To this end, Ethiopian Airlines Group aims to double its fleet and destination network in line with its ambitious ‘Vision 2035’ strategy. The airline already operates the largest fleet and destination network in Africa.
The airline is evaluating new aircraft models that suit its future operation needs, it was learned.
Although the global economic slowdown, the Russia-Ukrainian war and the increase in oil and gas prices are posing challenges to the aviation sector, the CEO said adding it was a good opportunity for Ethiopian for some countries including China have allowed flights which had closed their doors due to COVID-19 pandemic.
While most airlines this year are focusing on resuming flight routes that have been suspended due to COVID-19, Ethiopian Airlines Group has achieved better results by opening seven new international flight destinations including to Copenhagen, Atlanta and Karachi, he indicated.
The airline has also transported 13.7 million passengers and 723,000 tons of cargo, in the fiscal year.
The growth of passenger has shown a 20 percent increase compared to same period last year, according to Mesfin.
He added the airlines received 11 new passenger planes in the fiscal year, thus bringing the total number of passenger planes to more than 140.
Mesfin indicated that the Airlines is also working hard not only to make further milestones by opening new destinations, but also to support other African airlines, through working in partnerships, among others, Sky Airlines in Togo, Malawian and Zambia Airways, the CEO said.
Speaking on human resource development of the airlines, some 170 airline captains have graduated from the Ethiopian Airlines University, and it plans to graduate 200 aviation captains annually.
Therefore, Ethiopian Airlines Group CEO reaffirmed the airlines will continue committing to Africa’s pride by increasing its international competitiveness and expanding destinations.
Source: Ethiopian News Agency