ADDIS ABABA: October 3 (EI) — The Ethiopian Airlines (Ethiopian) disclosed that it has carried more than 12.5 million passengers last Ethiopian fiscal year that ended on July 7.
Despite facing its biggest challenges in years, the airlines remains profitable, Ethiopian Airlines Group CEO, Tewolde Gebremariam, told state-affiliated Fana Broadcasting Corporate (FBC) on Thursday.
All 157 people were killed when an Ethiopian Airlines flight crashed shortly after takeoff last March from Ethiopia’s capital, Addis Ababa. The number of passengers who uses Ethiopian continues to increase.
According to the CEO, a sharp increase in jet fuel price at the global market slightly affected the profitability of the airlines. He also said that more works will be undertaken in this Ethiopian fiscal year so as to increase the global comparativeness of the airlines.
Tewolde also stressed that the Ethiopian flag carrier will also buy more than 20 modern aircrafts in the future.