Browsing: Ethiopian Airline

The government introduced a five-year zero profit tax policy for new investments in the hospitality sector which is expected to encourage private sector investment.

According to the study, the development of world-class tourism facilities is expected to lead to job creation and boost tourism earnings.…

Ethiopia has had a good run as a country these past few years and its national carrier has had an even better time in business despite the Covid-19 pandemic. 

The pandemic has almost crushed many airlines but Ethiopian has remained one of the most resilient ones not only in Africa but also globally. 

Ethiopian Airlines has performed so well that Airbus has awarded it for its unique agility and resilience that it displayed amid the global crisis. 

Functioning under Ethiopian Airlines Group, which is the largest aviation group in Africa, the airline has managed to maintain the operation of all its fleet in a sector where its peers are operating at 10 per cent of their capability. Many airlines have gone bankrupt leading to many losing their livelihoods. 

Also Read: Lessons from Ethiopian Airlines success despite pandemic

To survive the Covid-19 onslaught, Ethiopian converted its A350 passenger aircraft to …

South African Airways (SAA)—one of Africa’s largest carrier has just proposed to the south African government a $ 1.2 billion bailout assist debt settlement and resume flying as the second-largest economy anticipates to reopen the economy.

The fresh plan has received mixed feelings as Public Enterprises Minister Pravin Gordhan powerfully disapproved to that plan, and announced his ambitions for the creation of a new airline at the start of the month.

While on Sunday, President Cyril Ramaphosa restated the government’s purpose to revive SAA, according to information from Bloomberg News.

As the Ethiopian Airlines CEO Tewolde Gebremariam assures the world of a decent return for African planes, “here in Africa we expect to be slightly faster in recovery,” Gebremariam said in an interview with Bloomberg, SAA administrators eye a massive return.

According to information from Bloomberg News, the plan includes about 977 million rands that will go toward repaying South …