Ethiopian Airlines, Africa’s largest carrier, has announced a USD $450 million loan agreement to finance the acquisition of five new Boeing aircraft. Ethiopian Airlines has set ambitious goals for its fleet, aiming to grow it to over 270 aircraft by 2035. The new aircraft, consisting of three Boeing 737-8 MAXs and two Boeing 777 Freighters, will increase Ethiopian Airlines’ fleet to a total of 150. “Citi has been serving Ethiopian Airlines for many decades, and we are pleased to support its growth with financing for five new aircraft. RELATED; Ethiopian Airlines Set to Own 49% Stake in New Nigeria Air

Source: Ethiopian News December 19, 2023 15:19 UTC