Latest news with #EthiopianAirlinesGroup
The Star
a day ago
- Business
- The Star
Chinese-built Ethiopian Airlines headquarters building tops out
ADDIS ABABA, Aug. 18 (Xinhua) -- The new Ethiopian Airlines Group headquarters building, which is under construction in Addis Ababa, the East African country's capital, has topped out, marking completion of its main structural works. The topping-out ceremony of the 45-meter-high structure was held on Monday, attended by representatives from the Ethiopian Airlines Group and China Civil Engineering Construction Corporation (CCECC). Mesfin Tasew, chief executive officer (CEO) of Ethiopian Airlines Group, expressed confidence that the project will be completed on schedule, meeting the long-awaited desire of the airline. "We want this headquarters to be completed as soon as possible. It is our expectation that this headquarters will be completed with the highest level of quality," said Tasew. Built by the CCECC on a total land area of over 33,560 square meters, the project consists of six different buildings with multiple facilities, including commercial, corporate, and customer services. Noting that Chinese construction companies have successfully accomplished different projects for the airline, Tasew expressed confidence in the CCECC to deliver the project to the airline's satisfaction. "Our decision to engage with CCECC shows our trust and confidence in the company to construct and deliver state-of-the-art facilities," the CEO reiterated. Chen Sichang, general manager of CCECC, vowed to deliver the project on time and with top quality. "Now, the main structure has been completed, our commitment to engineering excellence does not stop here. We pledge to our client and all stakeholders that we will continue to uphold our corporate motto of diligence, integrity, and perseverance," Chen said. Launched on Aug. 30, 2023, the Ethiopian Airlines Group headquarters building project is set to be completed in August 2026. Recently, Ethiopian Airlines, the flagship carrier of Ethiopia, has launched the construction of a new mega airport near Bishoftu town, about 42 km east of Addis Ababa. During the topping-out ceremony, the CEO invited CCECC to participate in the construction of the new mega airport.
Arabian Post
12-08-2025
- Business
- Arabian Post
African Development Bank backs $500 million for Ethiopia's new airport
The African Development Bank has confirmed it will finance $500 million towards the construction of a new international airport in Ethiopia. Once completed in 2029, the project is expected to become the largest airport on the continent. The new infrastructure forms part of Ethiopia's broader ambitions to boost its position as a key hub for aviation in Africa, with an emphasis on increasing regional connectivity and expanding the country's international trade and tourism potential. The airport, located in the capital Addis Ababa, will serve as a major gateway for global business and tourism, offering a significant upgrade to Ethiopia's current air travel capabilities. The investment is considered a strategic move to support the nation's rapidly growing economy, which has seen impressive growth over the last decade despite global challenges. This major development underscores Ethiopia's commitment to enhancing its transport infrastructure, a critical part of the government's broader economic reform programme. AfDB's contribution is a testament to the growing support for large-scale projects across the African continent, positioning the bank as a key player in financing infrastructure that will stimulate economic development. The new airport is expected to handle 20 million passengers annually once fully operational, surpassing the capacity of other major African airports, including those in Johannesburg and Cairo. ADVERTISEMENT Construction on the site is already underway, with a consortium of international and local firms involved in the development. The airport's design incorporates cutting-edge technology aimed at improving passenger experience, operational efficiency, and sustainability. Environmental considerations are also a focus, with plans to implement green technologies throughout the construction and operation phases. The project will be phased over several years, with the first phase expected to open by 2025. As Ethiopia prepares for the significant influx of tourists and business travellers anticipated from the new airport, the government is also investing in related infrastructure such as hotels, commercial developments, and transport links to make the site a key economic engine for the region. This new airport is being touted as a crucial element in Ethiopia's wider vision to transform its aviation sector. The Ethiopian Airlines Group, which is already one of the continent's largest and most profitable carriers, is expected to play a central role in operating and maintaining the new hub. The national carrier's expanding fleet and network align with the government's vision of positioning Ethiopia as an air transport leader. The financing from the AfDB is part of the bank's broader strategy to foster economic growth in Africa by funding critical infrastructure projects. With its focus on sustainable development, the AfDB aims to improve transport networks, water supply systems, and energy projects across the continent, enhancing regional integration and opening up new business opportunities. This particular investment is aligned with the AfDB's ongoing support for Ethiopia, having previously funded projects in sectors such as agriculture, education, and energy. Experts highlight the airport's potential to drive long-term economic benefits, particularly for Ethiopia's burgeoning manufacturing and services sectors. The government hopes that the improved air connectivity will attract foreign direct investment, creating jobs and stimulating business activity. Additionally, the project is expected to provide a much-needed boost to the tourism sector, drawing visitors to Ethiopia's rich cultural heritage and natural attractions.
Time of India
18-06-2025
- Business
- Time of India
Ethiopian Airlines starts Hyderabad flights: Direct route to Addis Ababa launched; seeks expansion in India
Representative image HYDERABAD: Africa's largest carrier - Ethiopian Airlines - has added Hyderabad to its itinerary on Tuesday with thrice-a-week direct flight services to Addis Ababa. The airlines urged the Indian govt to review the bilateral air service agreement so that it can expand operations in the world's fastest-growing aviation market. "We are in touch with the Indian govt through Ethiopian civil aviation authorities and the Indian embassy to review our bilateral agreement as it has not been revised for over 20 years now. We are pushing for more bilateral slots by year-end," Teklehaimanot G Yohannes, MD- International Services, Ethiopian Airlines Group, told TOI here. He said the airline currently operates 50 weekly dedicated passenger and cargo flights to five Indian cities - Delhi, Mumbai, Bengaluru, Chennai, Ahmedabad, and now Hyderabad. This includes 38 flights per week to five cities - Delhi, Mumbai, Bengaluru, Chennai, and Hyderabad.
The Hindu
17-06-2025
- Health
- The Hindu
Ethiopian Airlines bets on Hyderabad's medical tourism with launch of direct flights connecting Addis Ababa
Tapping into Hyderabad's growing reputation as a medical tourism hub, Ethiopian Airlines has launched a new direct air route connecting the city with Addis Ababa, with plans to channel inbound patients from across Africa to hospitals in Telangana. Thrice-weekly service The thrice-weekly service, which began on June 16 from Addis Ababa and on June 17 from Hyderabad, is part of Africa's largest airline's expanding India network. The carrier will operate flight ET 682 from Addis Ababa to Hyderabad on Mondays, Wednesdays and Saturdays, with return flight ET 683 departing from Hyderabad on Tuesdays, Thursdays and Saturdays. Teklehaimanot G Yohannes, managing director of International Services at Ethiopian Airlines Group, told The Hindu that medical travel is emerging as a key growth area for the airline in India. Relations with major hospitals in India 'Medical tourism is indeed a growing opportunity. We already have established relationships with major hospitals in India, including a few in Hyderabad. Additionally, we operate a division called Ethiopian Holidays, which also promotes medical travel. We are in the process of developing a dedicated medical tourism package, which will soon be launched. Once finalised and approved by our headquarters, this initiative is expected to further boost inbound travel to Hyderabad for medical treatment,' he said. The airline's move comes at a time when Hyderabad's public and private hospitals are increasingly attracting patients from African countries for specialised treatment in cardiology, oncology, nephrology and organ transplants. Mr. Yohannes noted that the airline's relationship with Hyderabad began during the COVID-19 pandemic, when it started operating cargo charters carrying critical medical supplies. 'That effort evolved into regular cargo operations. Today, we continue to transport pharma and IT-related shipments from Hyderabad. While pharma is not always about high volume, it demands precision and cold-chain reliability. To that end, we have state-of-the-art cold storage facilities in Addis Ababa and our own temperature-controlled pharma containers, ensuring integrity from origin to destination.' Responding to recent concerns over aviation safety following the Air India flight 171 crash involving a Boeing 787-8 Dreamliner in Ahmedabad, Mr. Yohannes said, 'We operate 29 of the same aircraft type. That said, aviation remains one of the safest and fastest modes of transportation. We have not encountered any major issues with our fleet. The incident in India is unfortunate, but we continue to maintain rigorous safety and maintenance standards. Passenger safety is our top priority.'
Yahoo
11-06-2025
- Business
- Yahoo
PACTL Partners with Ethiopian Airlines Group to Bolster China-Africa Air Cargo Gateway
Cooperation to Boost Cargo Connectivity, Terminal Cooperation and Logistics Efficiency Munich, Germany--(Newsfile Corp. - June 11, 2025) - Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) and Ethiopian Airlines Group formalized a Memorandum of Understanding (MOU) during the transport logistic 2025 exhibition in Munich. This strategic agreement establishes a collaborative framework to strengthen the air cargo industry, optimize operational efficiency, and foster mutual growth opportunities between China and Africa. The two parties agreed to mutually designate each other as overseas air cargo terminal partners, working together to construct the Air Silk Road of the 21st century. The partnership signals a shared commitment to accelerating trade logistics between Asia and Africa through joint efforts in air cargo operations, facility development and digital innovation: Freighter efficiency enhancement: To strengthen logistics efficiency, the collaboration will streamline trade flows, prioritizing the transportation of high-demand e-commerce goods. By integrating upstream and downstream supply chains, the partnership aims to ensure faster and more reliable cargo handling. Terminal investment and collaboration: Both sides will explore joint investments in cargo facilities and promote knowledge-sharing initiatives to elevate operational standards. This includes expanding exchanges in areas such as security service management, operational excellence and digital transformation. Joint promotion and engagement: PACTL and Ethiopian Airlines Group will work together to raise international visibility for the China-Africa air cargo corridor through coordinated marketing and promotional activities from multiple perspectives. PACTL and Ethiopian Airlines partner to boost China-Africa air cargo at transport logistic 2025To view an enhanced version of this graphic, please visit: Aman Wole, Country Director China of Ethiopian Airlines, remarked: "By joining hands with PACTL, we are not only enhancing our operational capabilities but also building a more robust and resilient air cargo network between China and Africa. This partnership will enable us to better serve our customers, meet the increasing demand for air cargo services, and contribute to the economic development of both regions. We look forward to a long and fruitful cooperation with PACTL." "We are thrilled to partner with Ethiopian Airlines Group to strengthen the air cargo connectivity between China and Africa," said Carsten Hernig, Deputy General Manager VP Sales & Marketing and Production at PACTL. "This collaboration will create new momentum for air cargo development between the two regions through improved business facilitation." About PACTLShanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) is a German-Chinese joint venture founded in 1999, specializing in air cargo handling at Shanghai Pudong International Airport. With shareholders including SAA Logistics Development Co., Ltd. (51%), Lufthansa Cargo AG (29%), and JHJ Logistics Management Co., Ltd. (20%), PACTL operates four terminals across two Shanghai airports, offering more than 210,000 square meters of storage and a truck service network spanning mainland China. Equipped with advanced facilities and comprehensive certifications, PACTL ensures seamless and reliable handling of diverse cargo types. Currently, PACTL serves more than 70 airline companies and over 300 forwarders, with a global network spanning five continents. PACTL's long-term trusting customer relationships and its service excellence make it one of the world's leading air cargo terminals. About Ethiopian Airlines GroupEthiopian Airlines (Ethiopian) is Africa's largest aviation group and a multi-award-winning airline with a proud history spanning over 79 years. Renowned for its leadership in aviation technology, network expansion, and operational excellence, Ethiopian serves as a key connector between Africa and the rest of the world. With its main hub in Addis Ababa, Ethiopian operates one of the most extensive air connectivity networks in Africa, flying to over 142 international passenger and cargo destinations, including 60 cities across the continent. Guided by its motto "Bringing Africa Together and Beyond," Ethiopian continues to play a pivotal role in enhancing regional and global trade and mobility. Media ContactShea GuoPR CoordinatorShanghai Pudong Int'l Airport Cargo Terminal Co., Ltd. (PACTL)Phone: +86-(021) 68842008*1167E-mail: 168 Suhang Road, Pudong New District, Shanghai, China To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
