Ethiopian Airlines to launch new flights to India

New flights are expected to be launched by Ethiopian Airlines which will tap into the growing markets in China and India, says Ethiopian Airlines Chief Executive Girma Wake.
Mr Girma announced that the airline was considering increasing the number of weekly flights to China from 11 to 14, along with plans to make Addis Ababa its gateway to Africa.
Last week, the airline estimated a 106% increase in pretax profits for 2007 – 2008 to 448 million birr (USD 49.3 million).
Despite the rising competition in the region from other foreign carriers such as Emirates, British Airways and KLM, Girma has remained supportive of Ethiopia’s ‘open skies’ policy.
Mr Girma also believed that Ethiopian Airlines would look to the Far East to increase its growth in the future rather than the U.S or Europe.
"India and China will have a lot of traffic to Africa in the future. They are investing more in Africa and their people are getting richer. Now they will look for tourism," he said.
20/08/07 e-Travel Blackboard (press release), Australia

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Categories: Foreign Aug 2007, New Aug 2007