Ethiopian airlines to see 1 billion dollar revenue loss

Vows to support cash-strapped African carriers The biggest African airlines, Ethiopian airlines group is going to report around one billion dollar in revenue loss in the first six months of 2020. According to sources the airline is losing about 1 billion dollar from ticket sales starting from January up to June after the global pandemic […]

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Ethiopian Airlines loses $550 in revenue

Does not want bailout from government Africa’s biggest airline, Ethiopian Airlines, has lost 550 million in revenue dollars since January because of the coronavirus pandemic. Despite the financial loss, the company’s CEO remains confident the airline can keep flying, in part by increasing its cargo business. Ethiopian Airlines CEO Tewolde Gebremariam told reporters on Tuesday […]

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Ethiopian Airlines furloughs crew as virus crisis continues

Ethiopian Airlines is asking employees to take unpaid leave. The request comes as Ethiopia reports its first death from COVID-19. Permanent staff members are being asked to take all their annual leave and up to 90 days of unpaid leave. According to sources close to the case, the airline is asking them to take unpaid […]

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