Rapidly expanding Ethiopian Airlines is set to add even more cargo capacity to African trade lanes with the launch of services to seven new destinations in the first five months of the year. The airline, which will open a new cargo hub in April, aims to offer services to 120 international destinations by 2025. Ethiopian Airlines chief executive Tewolde GebreMariam said: “Africa’s share of the Global Aviation is the smallest which is only around 3%. In November, IATA statistics showed that cargo load factors declined year on year for the 19th consecutive month to reach 25.3% - the lowest level of any region monitored by the airline organisation. The reason for the decline in load factors is capacity additions rather than weak demand.

Source: Ethiopian News January 17, 2017 12:45 UTC