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Ethiopian Airlines

Updated: Wikipedia source

Ethiopian Airlines

Ethiopian Airlines (Amharic: የኢትዮጵያ አየር መንገድ, romanized: Ye-Ītyōṗṗyā āyer menged), formerly Ethiopian Air Lines (EAL), is the flag carrier of Ethiopia, and is wholly owned by the country's government. EAL was founded on 21 December 1945 and commenced operations on 8 April 1946, expanding to international flights in 1951. The firm became a share company in 1965 and changed its name from Ethiopian Air Lines to Ethiopian Airlines. The airline has been a member of the International Air Transport Association since 1959 and of the African Airlines Association (AFRAA) since 1968. Ethiopian is a Star Alliance member, having joined in December 2011. The company slogan is 'The New Spirit of Africa.' Ethiopian's hub and headquarters are at Bole International Airport in Addis Ababa, from where it serves a network of 155 passenger destinations—22 of them domestic—and 68 freighter destinations. The airline has secondary hubs in Togo and Malawi. Ethiopian Airlines is Africa's largest airline in terms of passengers carried, destinations served, fleet size, and revenue. Ethiopian Airlines is also the world's fourth-largest airline by the number of countries served. Ethiopian Airlines is a subsidiary of the Ethiopian Airlines Group, which is wholly owned by Ethiopian Investment Holdings, the sovereign wealth fund of Ethiopia.

Infobox

IATA
IATA ICAO Call sign ET ETH ETHIOPIAN
Founded
21 December 1945; 79 years ago (1945-12-21)
Commenced operations
8 April 1946; 79 years ago (1946-04-08)
Hubs
mw- Addis Ababa
Secondary hubs
Liège (Ethiopian Airlines Cargo) Lilongwe Lomé Lusaka
Frequent-flyer program
ShebaMiles
Alliance
Star Alliance
Subsidiaries
Air Congo 49% Asky Airlines 27% Guinea Airways 49% Malawi Airlines 49% Zambia Airways 45% DHL-Ethiopian Airlines Logistics Services S.C. 51% Ethiopian Sky Technologies 51% Ethiopian Skylight Hotel 100%
Fleet size
156
Destinations
161 passenger 68 cargo
Parent company
Ethiopian Investment Holdings (100%)
Headquarters
Bole International Airport, Addis Ababa, Ethiopia
Key people
Yilma Merdassa (Chairman) Mesfin Tasew (CEO) Adamu Tadele Belay (CFO) Lemma Yadecha (CCO) Retta Melaku (COO)
Founder
Emperor Haile Selassie I
Revenue
(7.6 billion USD) ETB 520 billion(FY 2025)
Net income
ETB 1.049 billion(FY 2012)
Profit
(800 million USD) ETB 44.5 billion(FY 2023)
Total assets
ETB 26.368 billion(FY 2012)
Total equity
ETB 2.772 billion(FY 2012)
Employees
18,000 (November 2023)
Website
ethiopianairlines.com

Tables

· Corporate affairs › Business trends
2008
2008
Year
2008
Turnover(US$ bn)
0.97
Net profit(US$ m)
53.9
Number of employees
4,896
Number of passengers (m)
2.5
Number of destinations
52
Cargo carried (000s tonnes)
72.7
Number of aircraft
35
2009
2009
Year
2009
Turnover(US$ bn)
1.1
Net profit(US$ m)
127
Number of employees
5,075
Number of passengers (m)
2.8
Number of destinations
56
Cargo carried (000s tonnes)
100
Number of aircraft
36
2010
2010
Year
2010
Turnover(US$ bn)
1.2
Net profit(US$ m)
123
Number of employees
5,555
Number of passengers (m)
3.1
Passenger load factor (%)
72.0
Number of destinations
60
Cargo carried (000s tonnes)
134
Number of aircraft
43
2011
2011
Year
2011
Turnover(US$ bn)
1.5
Net profit(US$ m)
75.1
Number of employees
6,129
Number of passengers (m)
3.7
Passenger load factor (%)
71.0
Number of destinations
65
Cargo carried (000s tonnes)
160
Number of aircraft
46
2012
2012
Year
2012
Turnover(US$ bn)
1.9
Net profit(US$ m)
41.8
Number of employees
6,557
Number of passengers (m)
4.6
Passenger load factor (%)
71.5
Number of destinations
68
Cargo carried (000s tonnes)
180
Number of aircraft
48
2013
2013
Year
2013
Turnover(US$ bn)
2.0
Net profit(US$ m)
110
Number of employees
7,390
Number of passengers (m)
5.2
Passenger load factor (%)
71.4
Number of destinations
73
Cargo carried (000s tonnes)
174
Number of aircraft
58
2014
2014
Year
2014
Turnover(US$ bn)
2.3
Net profit(US$ m)
162
Number of employees
8,066
Number of passengers (m)
5.9
Passenger load factor (%)
70.4
Number of destinations
82
Cargo carried (000s tonnes)
186
Number of aircraft
66
2015
2015
Year
2015
Turnover(US$ bn)
2.4
Net profit(US$ m)
172
Number of employees
8,977
Number of passengers (m)
6.3
Passenger load factor (%)
68.5
Number of destinations
84
Cargo carried (000s tonnes)
236
Number of aircraft
76
2016
2016
Year
2016
Turnover(US$ bn)
2.5
Net profit(US$ m)
284
Number of employees
10,277
Number of passengers (m)
7.6
Passenger load factor (%)
67.9
Number of destinations
88
Cargo carried (000s tonnes)
266
Number of aircraft
77
2017
2017
Year
2017
Turnover(US$ bn)
2.6
Net profit(US$ m)
234
Number of employees
11,284
Number of passengers (m)
8.7
Passenger load factor (%)
71.2
Number of destinations
95
Cargo carried (000s tonnes)
338
Number of aircraft
87
2018
2018
Year
2018
Turnover(US$ bn)
3.3
Net profit(US$ m)
207
Number of employees
12,994
Number of passengers (m)
10.6
Passenger load factor (%)
74
Number of destinations
113
Cargo carried (000s tonnes)
400
Number of aircraft
108
2019
2019
Year
2019
Turnover(US$ bn)
3.9
Net profit(US$ m)
260
Number of employees
13,958
Number of passengers (m)
12.1
Passenger load factor (%)
73
Number of destinations
121
Cargo carried (000s tonnes)
432
Number of aircraft
116
2020
2020
Year
2020
Turnover(US$ bn)
3.7
Net profit(US$ m)
183
Number of employees
14,104
Number of passengers (m)
9.6
Passenger load factor (%)
53
Number of destinations
127
Cargo carried (000s tonnes)
525
Number of aircraft
126
2021
2021
Year
2021
Turnover(US$ bn)
3.5
Net profit(US$ m)
493
Number of employees
14,736
Number of passengers (m)
5.7
Passenger load factor (%)
57
Number of destinations
127
Cargo carried (000s tonnes)
757
Number of aircraft
130
2022
2022
Year
2022
Turnover(US$ bn)
5.0
Net profit(US$ m)
942
Number of employees
17,000
Number of passengers (m)
8.6
Passenger load factor (%)
70
Number of destinations
131
Cargo carried (000s tonnes)
768
Number of aircraft
144
2023
2023
Year
2023
Turnover(US$ bn)
6.1
Net profit(US$ m)
941
Number of employees
17,577
Number of passengers (m)
13.8
Passenger load factor (%)
71.0
Number of destinations
136
Cargo carried (000s tonnes)
713
Number of aircraft
154
2024
2024
Year
2024
Turnover(US$ bn)
7.0
Net profit(US$ m)
1,053
Number of employees
17,591
Number of passengers (m)
17.1
Passenger load factor (%)
73.4
Number of destinations
161
Cargo carried (000s tonnes)
754
Number of aircraft
156
Year
Turnover(US$ bn)
Net profit(US$ m)
Number of employees
Number of passengers (m)
Passenger load factor (%)
Number of destinations
Cargo carried (000s tonnes)
Number of aircraft
Refs
2008
0.97
53.9
4,896
2.5
52
72.7
35
2009
1.1
127
5,075
2.8
56
100
36
2010
1.2
123
5,555
3.1
72.0
60
134
43
2011
1.5
75.1
6,129
3.7
71.0
65
160
46
2012
1.9
41.8
6,557
4.6
71.5
68
180
48
2013
2.0
110
7,390
5.2
71.4
73
174
58
2014
2.3
162
8,066
5.9
70.4
82
186
66
2015
2.4
172
8,977
6.3
68.5
84
236
76
2016
2.5
284
10,277
7.6
67.9
88
266
77
2017
2.6
234
11,284
8.7
71.2
95
338
87
2018
3.3
207
12,994
10.6
74
113
400
108
2019
3.9
260
13,958
12.1
73
121
432
116
2020
3.7
183
14,104
9.6
53
127
525
126
2021
3.5
493
14,736
5.7
57
127
757
130
2022
5.0
942
17,000
8.6
70
131
768
144
2023
6.1
941
17,577
13.8
71.0
136
713
154
2024
7.0
1,053
17,591
17.1
73.4
161
754
156

References

  1. at year end
  2. figures for the calendar year
  3. at year end
  4. Ethiopian names do not have family names, so Ethiopian people are addressed by their given names.
  5. However, this did not happen. All Nippon Airways was the launch customer for this aircraft.
  6. There was an official confirmation for the commencement of services to this destination in May 2013.
  7. Aviation week network
    https://aviationweek.com/air-transport/airlines-lessors/new-addis-ababa-airport-will-quadruple-capacity
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  10. Ethiopian Airlines
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