Ethiopian Airlines rides out pandemic on strength of cargo boom - News Summed Up

Ethiopian Airlines rides out pandemic on strength of cargo boom


Cargo flights have helped Ethiopian Airlines remain financially viable during the pandemicSix months since the coronavirus pandemic upended the global airline industry, Ethiopian Airlines is facing a heavy toll: more than $1 billion in lost revenue, to say nothing of 850 infected employees. "We were very quick, very fast, flexible and agile to move our forces, resources and everything to cargo," Tewolde told AFP in an interview. - Cargo boom -Ethiopian resorted to unorthodox tactics to exploit the pandemic-related cargo boom. "There's a significant role of the state, but there's very limited state interference in the way Ethiopian Airlines is run." "We have been aiming to reverse this market share, meaning African airlines, indigenous African airlines, should get at least 50 percent," he said.


Source: Ethiopian News September 29, 2020 09:33 UTC



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