Ethiopian Airlines realises 20 Million Euros in 2017/ 2018

BY NDUMBE BELL GASTON One of Africa’s dominant air fleets, Ethiopian Airlines, has realized an amazing spike in profits in the 2017/ 2018 financial year. Net profits were reported to have hit 20 million euros as the group continues to make major strides by increasing the passanger volume to 10.6 million. This is an increase in percentage terms to 21%, as they continue to pursue corporate objectives to become the first fleet in Africa’s aviation history by 2025, stated the group. The fleet has equally opened up new channels in Chicago and Geneva this same period amidst deadly competition, which,…