Ethiopian Airlines, the flagship airline for Ethiopia, is 100% owned by the government of Ethiopia. In line with the African Development Bank (AfDB)'s new strategic thrust to integrate Africa and improve air connectivity in the continent, the Bank has approved a financing package of $159 million to partly finance Ethiopian Airlines' expansion plan and fleet modernization program. Read more. More about the AfDB in this BRIEFING.
AfDB Approves USD $159 Million Corporate Loan to Ethiopian Airlines to Finance Expansion Plan and Fleet Modernization Program
African Development Bank, 15 December 2016
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines' expansion plan and fleet… Read more »
When Ethiopian Airlines acquired its first Boeing 787 Dreamliner in August 2012, it became the second airline in the whole world to own and operate the long-range, mid-size widebody, twin-engine jet airliner. To power its fleet of 787 Dreamliners, Ethiopian Airlines purchased GE Aviation's GEnx engines. Ethiopian Airlines is the first airline in Africa to fly GEnx-powered Boeing 787 Dreamliner aircrafts.
The African Development Bank (AfDB) remains focused on delivering its plans to transform Africa and work towards building a continent with seamless borders. "We have reasons to be ... Read more »
The launch the Africa Visa Openness Report 2016 and the new Read more »
AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 150 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.