Ethiopian becomes largest African carrier by revenue and profit

Updated 18 June 2014
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Ethiopian becomes largest African carrier by revenue and profit

Ethiopian Airlines, described as the fastest growing and most profitable airline in Africa, wishes to extend its appreciation to its customers for their vote of confidence, which has enabled the airline to become for the first time in its 69-year history the largest African carrier with revenue topping $2.3 billion in 2013 and profit, according to the airlines ranking of the International Air Transport Association (IATA) published in the 58th edition of World Air Transport Statistics.
According to IATA annual airlines ranking, Ethiopian is first in Africa and 37th in the world in revenue as well as first in Africa and 18th in the world in operating profit. The historical ranking achieved by Ethiopian in 2013 is a testimony of the confidence of passengers in the airline; the soundness of its 15-year roadmap of fast, profitable and sustainable growth, Vision 2025; the strategic guidance and support of the airline’s board of directors and the government of Ethiopia; the dedication and competence of its management; and the commitment, skill and hard work of its employees.
“2013 marks a milestone year in the history of the airline. For the first time in our long history, we are number one in Africa in terms of revenue and profit. We owe this success, above all else, to the patronage of our esteemed customers, who are choosing to fly with us in ever increasing record numbers. I thank them on behalf of the entire Ethiopian Airlines family and pledge to them that we will continue to work hard to earn their confidence,” Group CEO of Ethiopian Airlines Tewolde Gebremariam said.


Dubai Crown Prince visits STC booth at GITEX 2018

Updated 20 October 2018
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Dubai Crown Prince visits STC booth at GITEX 2018

Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum recently visited the Saudi Telecom Company’s (STC) booth at the GITEX Technology Week 2018 in Dubai. He was received by Senior Vice President of Enterprise Business at STC Dr. Tareq Enaya.

Sheikh Hamdan reviewed the latest telecom and IT services and solutions launched by the company. STC said its new services are in line with its role as a driver of digital transformation in Saudi Arabia as per Saudi Vision 2030. 

STC recently inaugurated its latest innovation in in-flight call technology through a live call made 30,000 feet above on board of a plane heading to Jeddah from Riyadh, with the video call being directly transmitted to the GITEX conference.

The service allows for in-flight video calls by equipping airplanes with mobile data and broadband through signals from LTE ground-based stations, which boast many features compared to older technologies that rely on satellites. This will enable airlines and other stakeholders to provide better services than currently adopted older standards at a lower cost per Mb, higher data transfer rate of up to 75 Mb/s, and a lower delay time.

Dr. Enaya said: “In-flight call technology is one of many other examples that illustrate the way STC is working with its partners and customers to provide the latest products and services and thus improve services offered to airlines and service providers.The new in-flight call service offers state-of-the-art features, including a stable connection and high-speed connectivity. This makes it indeed the next generation of transmission technology, which will open new horizons in terms of products and services.”

He further pointed out to all the areas that could benefit from this new technology, including airlines, media and entertainment, natural resource exploration, safety and security, and telecommunications. 

STC staff were on hand at GITEX to address its potential customers on the new technology. The company has said that its GITEX participation will focus on the newest technological solutions and that it will shed light on its specialized services in the fields of cloud computing, cybersecurity, Internet of Things, blockchain applications, and big data analysis.

STC is currently working with various stakeholders and partners to enrich this new technology, including Nokia for LTE phone devices, Thales for onboard equipment, EAD for supplementary technical certification, AMAC for maintenance, repairs, and operation for onboard installation, and Sky Prime, a private charter airline on whose planes the technology is being tested directly.