Ethiopian Airlines eyes China/India profit boost

Addis Ababa: Ethiopian Airlines hopes to boost profits this year by taking advantage of growing ties between Africa and China and India, adding new routes to the Asian powers, Chief Executive Girma Wake said on Thursday.
China and India have displaced many western countries as the major investors in Africa, where they have invested billions of dollars in recent years.
"Because we are also flying to more destinations in Africa than any other airline, we can connect a lot of African traffic to China and India," Girma told Reuters in Addis Ababa.
"We are seeing a significant increase in our traffic to China and India and we are planning to launch more flights to different cities in both countries."
Ethiopian Airlines operates 14 flights a week to Beijing and Guangzhou and 12 flights a week to New Delhi and Mumbai. Girma said the airline was planning to add flights to Shanghai in China and Chennai and Bangalore in India.
14/01/10 Barry Malone/Reuters

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Categories: Foreign Jan 2010