top of page
Search
Chidozie Uzoezie

Ethiopian Airlines Obtains $159m AfDB Loan for Upgrades


Ethiopian Airlines has received approval for a $159 million financial package from the African Development Bank (AfDB) in support of its expansion plan and fleet modernization program.


This is AfDB’s second corporate loan to the carrier under its private sector window of which 85 per cent will be covered by Africa’s export credit agency, African Trade Insurance to provide credit risk insurance to the transaction.


The funding will allow Ethiopian Airlines to maintain the momentum on its expansion plan and be on track on its route operating roadmap.


Ethiopian is setting the standards in Africa’s aviation sector by operating a modern and fuel-efficient fleet; introducing new routes; and adding the frequency on existing ones.


In 2016, it increased its flight frequency to Seychelles and on its New York-Newark route and announced plans to resume flights to Conakry, Guinea in early 2017.


It also took delivery of Africa's first Airbus A350 XWB of which it plans to operate 14. I also won the SKYTRAX World Airline Award for the Best Airline Staff in Africa.


A4-print-explore the world with ethiopian-R-1022-compressed.jpg
SAT2.jpg
20241112_103529.jpg
SAA2.jpg
ATWMediaAwards_(1080pxX1080px)_(Nov2024)-01.jpg
300x300px.jpg

 Featured Posts 

Comments (33)

Guest
Sep 21, 2022

We just booked our QATAR 🇶🇦 HÔTEL yesterday for 2 différent short stars of 2 nights and 3 nights for the Final… https://www.14sb.com/fifa-world-cup-hotels.html . Not exactly cheap but ok price for 4.5 Stars luxury and in Doha Center City! Thanks and Good Luck everyone! Vamos MEXICO!

Like

Guest
Sep 30, 2022

Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.

Like

kasarokcaesar
Oct 24, 2022

Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.

Like

Guest
Nov 10, 2022

Hi, I'm Lucy. Please how do I embark on my travel/ tour business. I am newbie and help..

Like

Guest
Nov 18, 2022

Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.

Like

Guest
Dec 04, 2022

Good location astounding but the staffs are rude and they make me wait so long for the service. They charge me more than what is on the website and did not refund me the manager is not helping with the issue


Like

Guest
Dec 15, 2022

WoW. Amazing Review. 👍

Like

Guest
Jan 07, 2023

I spent the holidays here, I don't know why but during the holidays their reception smells like a piss Id rather not spend my special occasions here

Like
Guest
Aug 07, 2023
Replying to

Where is here.

Like

Guest
Jan 27, 2023

Thank you for sharing such a detailed review about ethiopian airlines in your post. I am an avid traveller and keep reading flight reviews to assess the options available. Your review particularly drew my attention because you have shared so many pictures to capture every aspect of the flight experience. It is a very nice effort.


More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html

Like

Guest
Feb 27, 2023

I am really tempted to book the next ethiopian airlines ticket and relive your journey. The pictures shared with the post also reflect that you truly enjoyed the travel. Great post! I also like the fact that you have covered nuances about the food and entertainment service through the pictures. It helps people know what to expect on their travel by this airline.


More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html


Like
20241111_131154.jpg
300x300 v1.png

 Latest 

Join Our Subscribers

Thanks for subscribing!

bottom of page