| Ethiopian Airlines to Initiate flights to Sierra Leone |
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Business Class Travel » Business Class Travel News Business Class Travel NewsSaturday, October 10, 2009 The staff of the Sierra Leone Embassy in Addis Ababa, Ethiopia on 28th September, 2009 held productive discussions with the Chief Executive Officer of Ethiopian Airlines, Mr. Girma Wake regarding strategies for the Ethiopian Airlines carrier to initiate flights to Freetown,capital of Sierra Leone. The meeting took place at the Office of the Ethiopian Airlines head office in Bole International Airport, Addis Ababa.The meeting was conducted due to the fact that Ethiopian Airlines had commenced regular flights to neighboring Republic of Guinea and Liberia starting 1st October, 2009 excluding Sierra Leone. The Ethiopian Airlines Chief Executive was informed that for reasons of propinquity it would  d be better if Freetown was included in the West African arrangement.Responding, Mr. Girma Wake guaranteed the staff members that their depiction will be given serious deliberation, though at the moment his airline is inhibited with the availability of flights and personnel. However,he added that he situation would be rectified as soon as possible.In this regard, he informed that arrangements are in progress for Ethiopian Airlines to begin flights to Freetown by mid November or latest by the first week of December.Additionally,he added that the Airline would commence with two flights weekly and it would be increased to thrice weekly in the course of time.Labels: Ethiopian Airlines, Sierra Leone posted by iflybusiness
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Tuesday, September 8, 2009 Based on a statement released by the Ethiopian Airlines, the company is highly hopeful to be a chief growing power in the African aviation,as it recorded a net profit of ($117 million) in the latest winding fiscal year.The company has witnessed an increase of 32.8% when compared to the previous year. Girma Wake ,Chief executive of the state-owned airliner, stated that the Ethiopian Airlines performance is noteworthy as many airlines across the globe are witnessing a major downward unexpected result in their profits.Due to universal economic crisis, soaring fuel price and other related challenges, several African airliners have undergone losses due to decline in traffic from abroad.Inspite of the hurdles, CEO Girma Wake stated that the airlines has attained high profits and succeeded in transporting approximately 2.8 million passengers this year,which is a 12.3 percentage increase over the previous year.Girma Wake also stated that the Ethiopian Airlines is extremely confident and is focused on its vision to 2010 to take hold of its chief objectives regardless of any constraints it might have to face in future. Ethiopian Airlines is one of the biggest airlines from the African continent, and one of the the minority flight operators that has made immense profits in the present international financial chaos. Labels: Ethiopian Airlines posted by iflybusiness
@ 5:43 AM
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Tuesday, May 19, 2009 Ethiopian Airlines has announced a promotional drive to make travel cheaper in the current global economic distress. Ermajechew Regassa, the Airline's Uganda manager, announced recently that the promotional drive that started on April 4 would last up to May 31 and would have major international routes on special discount rates. One of the cheapest routes will be a return trip from Entebbe to New Delhi which has a current market rate of $850 but will now go for $500 in economy class. The other routes on promotion are Entebbe-Addis Ababa, going from $480 to $400. The journey to two of China's key trade cities (Guangzhou and Beijing) has also been made cheaper from $870 and $1000 to $700 and $800 respectively. The other destinations with discounts are Entebbe to Dubai, Hong Kong and Mumbai. "The current season is a low season. We feel there is need to offer promotional fares and due to the current economic crunch, we want to make travel less expensive," said Regassa. One of the biggest casualties of the current economic meltdown is the aviation industry. It has not only seen profits nosedive but also the drop in the number of passenger. The situation in Uganda has been aggravated by the falling Uganda shilling, which has affected imports. In recent weeks, the dollar traded as high as sh2,200. "The Ethiopian market segment is importing traders. Once importers are threatened because of the Uganda shilling versus the dollar exchange regime, things get worse," said Regassa. Regassa says despite tough economic times, Ethiopian Airlines is encouraging people to travel. (ethiopianreview) Labels: Ethiopian Airlines posted by iflybusiness
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