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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.

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