Ethiopian Airlines to Double Their Fleet

Ethiopian Airlines has announced plans to almost double its fleet to 150 airplanes by 2025, as stated by CEO Tewolde GebreMariam this week.  He said that the airline is in the process of evaluating  Boeing 777-X, Airbus 350-1000 and Bombardier Q400 aircraft.

The state-owned airline is also in talks with Airbus for earlier delivery of 14 A350-900 aircraft in 2016-2017 instead of its original target dates of 2016-2018.

“We have 76 aircraft operating with 47 on order…The target is to reach 150 fleet by 2025,” GebreMariam said.

Last month, Boeing announced that Ethiopian Airlines ordered six 787-8 Dreamliners worth $1.3 billion at list prices as part of the airline’s plans to modernize and expand its fleet.  GebreMariam said the airline is looking to revise upwards its 2025 target of $10 billion annual revenues alongside a rapid expansion of its routes.

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