The Boeing Company BA recently clinched an order from Ethiopian Airlines to deliver eight of its 777-9 widebody jets, with an additional opportunity for supplying up to 20 aircraft. EADSY boasts a long-term (three- to five years) earnings growth rate of 12.4%. ERJ boasts a long-term earnings growth rate of 17%. TXT boasts a long-term earnings growth rate of 11.7%. Click to get this free reportThe Boeing Company (BA) : Free Stock Analysis ReportEmbraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis ReportTextron Inc. (TXT) : Free Stock Analysis ReportAirbus Group (EADSY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.

Art students, gallery staff, archival storage facilities, frustrating databases, bureaucracy, and even bad arts journalism all get their licks. Bobby’s hot-headed wife, Elizabeth (Tilda Swinton), recruits Alejandro in her quest to fulfill her husband’s dream of a solo exhibition. Torres wrote the character of Bobby specifically as a Black male painter based on his interactions with New School art students, and observing how the art market treated people differently. The scenes are meant to evoke the confusion, panic, and stress Torres felt after finishing college and frequently getting turned down for jobs due to his need for sponsorship. “Or she doesn’t see it that way, at least.”Since Problemista was first shown last April, immigration has become an even more contentious topic in the US.

Following the completion of the national ICT contest, nine Ethiopian university students have the opportunity to represent their country at the 8th Huawei ICT Competition 2023-2024 Regional Final in Tunisia. Ethiopian university students who won the national final Huawei ICT competition in Addis Abeba are representing Ethiopia in the regional competition, which is now taking place in Tunisia. Among them, nine passed the regional Huawei ICT final exam, which is taking place in Tunisia from March 5 to 8, 2024. Huawei ICT Competition is a competitive ICT talent exchange event designed for global college students. Ethiopian students previously achieved third place at the 7th Huawei ICT global final competition, which took place in Shenzhen, China, from 24 to 28 May 2023.

The Fano preceded but rose to prominence during the Tigray War (2020-22), when they fought beside government forces. The Amhara conflict coexists with a no-war-no-peace situation in the Tigray region, where famine-like conditions and starvation-induced deaths have been reported, and armed confrontation, kidnappings, and regular travel disruptions in the Oromia region. The move also came alongside the Abiy government’s failure to implement the October 2022 agreement, brokered in Pretoria, South Africa, that ended the Tigray War. Moreover, in recent years, civilians attempting to enter Addis Ababa from the Amhara region have been barred, seemingly because they are perceived as a collective security threat. It was clear that the Amhara-federal alliance was a marriage of convenience and would collapse once the Tigray War ended.

The Route Development Forum for Asia, Routes Asia 2024, held from 27 to 29 February 2024 in Malaysia, served as a key gathering for the aviation industry. MIA Participation in Routes Asia 2024Macau International Airport (MIA) had a presence at the event, having operated 213 round-trip flights per week to 18 cities in Southeast Asia and Northeast Asia as of February 2024. Airlines and Hub: MFM serves as a hub for several airlines, including Air Macau, Viva Macau, and Macau Asia Express. MFM serves as a hub for several airlines, including Air Macau, Viva Macau, and Macau Asia Express. Future ProspectsParticipation in Routes Asia 2024 positioned MIA at the forefront of industry developments.

According to the Council, a group of 285 laborers from the Gardula and Ale Zones in Southern Ethiopia region were kidnapped by “extremist armed groups” in the Amhara region while traveling to work on the Grand Ethiopian Renaissance Dam. Ltd., a private company that subsequently signed an agreement with the Labor and Social Affairs Office of Derashe District located in Gardula Zone to hire employees for the tree-cutting tasks. Based on this agreement, a total of 285 laborers, comprising 246 individuals from Derashe district and 39 individuals from Ale Zone, were assembled and provided with 6 public transportation buses by the organization to travel to the worksite while reaching the Amhara region. However, upon reaching the Amhara region, the group of 285 laborers was kidnapped on the road by “extremist armed groups” operating within the region, the council said. In response to the incident, the Gardula Zone Council has called upon all relevant authorities and parties to work towards ensuring the safe return of the kidnapped citizens to their home villages through peaceful means.

Using biometric technology, the “Fayda” number issued by the National ID Program of Ethiopia (NIDP), which will be printed on the refugee ID cards, will help in preventing double registration and duplicate ID cards issuance to the refugees. “Issuing digital IDs to refugees is a huge step that demonstrates that the Ethiopian Government is committed to include refugees in its national systems. These IDs will grant refugees access to government-directed services” said Teyiba Hassen, Director General of Ethiopia’s Refugees and Returnees Service. Let's build systems that recognize everyone, ensuring that no one is left behind" said Yodahe Zemichael, Executive Director at the National ID Program. This initiative is also in line with Ethiopia’s pledge to include 814,000 refugees into the National ID system during the 2023 Global Refugee Forum.

The alarming abduction of 285 laborers by armed groups in Ethiopia's Amhara region has sparked a vehement condemnation from the Gardula Zone Council, which demands immediate action for their safe return. Chairman Birhanu Kunalo highlighted the incident's occurrence amidst the laborers' journey to partake in the Grand Ethiopian Renaissance Dam project, following a tender awarded to Nikotka Construction for forest clearance. AdvertismentChronicle of an AbductionFollowing the Ethiopian Electric Power Corporation's tender for tree cutting near the Grand Ethiopian Renaissance Dam, Nikotka Construction engaged Derashe District's labor force, assembling 285 individuals for the task. The Council's statement underscored the laborers' innocence, emphasizing their sole intent to contribute to the national dam project. As discussions and actions unfold, the focus remains on the well-being of the kidnapped laborers and the broader implications for labor mobility and project security in Ethiopia.

The order for eight Boeing 777X aircraft highlights Ethiopian Airlines' move to augment its fleet size and achieve cost reductions. At last year's Dubai Airshow, Ethiopian Airlines committed to 11 787 Dreamliners and 20 737 MAX jets. Post the 737 Max tragedy, Ethiopian Airlines maintains confidence in Boeing's corrective measures, affirming that design flaws have been rectified. Ethiopian Airlines is poised to make history as Africa's first carrier to order the Boeing 777X, a testament to the airline's commitment to adopting advanced aviation technologies. Operating Africa's largest Dreamliner fleet, Ethiopian Airlines currently incorporates a mix of 787-8s and 787-9s.

Wellington Airport’s ResponseThe announcement of the aircraft upgrade has been warmly received by Wellington Airport, with CEO Matt Clarke expressing confidence in trans-Tasman travel. Bahnfrend, CC BY-SA 4.0, via Wikimedia CommonsFlight Frequency and Seat CapacityThe increased capacity on the Wellington – Brisbane route heralds positive outcomes for travelers, tourism, and businesses alike. Changes in Flight TimingsAlongside the aircraft upgrade, Qantas will adjust the arrival and departure timings for flights from Wellington. Wellington Airport plays a moderately important role in connecting New Zealand to Australia, particularly compared to Auckland Airport. Here’s a breakdown of its significance:Advantages:Direct flights: Wellington offers direct flights to several major Australian cities.

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Ethiopian Airlines (ET, Addis Ababa International) has signed a Memorandum of Understanding (MoU) with Boeing (BOE, Washington National) for eight B777-9s with purchase rights for twelve additional B777X aircraft. The order, once finalised, is poised to become the first B777X commitment from Africa. The entry into service of the type, which has yet to be certified, is currently scheduled for late 2025. It has unfilled orders for a further thirty-five B737-8s, four B777-200Fs, and eleven B787-9s. Ethiopian also operates thirty DHC-8-Q400s.

airBaltic has this week reported a €34 million profit, which is the highest in the airline’s history. Without further ado, let’s get into it…The airBaltic Numbers…Photo Credit: Jamie Clarke/AviationSourceThe numbers that airBaltic have provided in their financial statement is as follows:Position 2023 2022 Change Revenue EUR 668 million EUR 500 million 34% EBITDAR EUR 159 million EUR 83 million EUR 76 million Profit / (loss) EUR 34 million EUR (54) million EUR 88 million Passengers 4.5 million 3.3 million 36% Grand total flights* 65.5 thousand 50.4 thousand 30%What we can see from the data is that airBaltic has managed to turn over a record profit from a loss recorded in 2022. It remains clear that airBaltic will continue this strong momentum as we progress further into 2024. Overall…Photo Credit: Jamie Clarke/AviationSourceIn conclusion, airBaltic had a very successful 2023, and has been able to turn around things substantially. Going into 2024, all eyes will be on how the airline will continue to grow, especially with a significant delivery backlog.

Current and former African presidents, diplomats, and other notable personalities took turns on Wednesday to extol the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for bagging the coveted 2023 Obafemi Awolowo Prize for Leadership. Adesina has an incredible ability to bring leaders together to dedicate and commit themselves to initiatives that transform Africa on a daily basis,” he said. He said: “The choice of Dr. Akinwumi Adesina can only be described as having been very well done. In his remarks, Ethiopian President Sahle-Work Zewde said the provision of innovative solutions characterised the AfDB President while applauding his vision for Africa’s emergence from its challenges. Tinubu, in a statement issued on Wednesday by his Special Adviser on Media and Publicity, Ajuri Ngelale, rejoiced with the President of the AfDB on the award of the prestigious Obafemi Awolowo Prize for Leadership.

With commitment for eight 777-9s and up to 12 more, Ethiopian Airlines is the first African customer for highly fuel-efficient 777X passenger jet. Ethiopian Airlines’ selection of the 777X positions the carrier as the first 777X customer in Africa and builds on its landmark 2023 order for 11 787 Dreamliner and 20 737 MAX airplanes in growing its modern fleet. The 777-9 will support the Ethiopian Airlines’ plans to grow and renew its fleet in size, range and passenger and cargo capacity to reach high-demand markets in Africa, Asia, Europe, and North America. “Building on a relationship that goes back 75 years, we value the unwavering trust and confidence Ethiopian Airlines puts in our airplanes.”Boeing airplanes make up more than half of Ethiopian Airlines’ current fleet, including 29 787 Dreamliners, 20 777s, 27 Next-Generation 737s, 15 737 MAX and 3 767 jets. Ethiopian Airlines and Boeing continue to explore opportunities to further develop the country’s aerospace industry, including support for Ethiopian Airlines MRO capabilities, industrial development, training capabilities at the Ethiopian Aviation University and STEM education, as well as equipping the Ethiopian Museum of Science with aerospace exhibits.