Ethiopian Airlines’ annual revenue rises as it draws more passengers, adds routes

Ethiopian Airlines cabin crew disembark at the Bole International Airport in Addis Ababa, Ethiopia, November 5, 2024.

Photo credit: Reuters

Ethiopian Airlines’ revenue rose by 8 percent in the 2024/25 financial year, driven by higher passenger numbers and additional routes, although the airline faced challenges on some routes due to conflicts, Chief Executive Mesfin Tasew Bekele said on Tuesday.

The state-owned carrier, Africa’s biggest airline, saw passenger numbers increase by 11 percent to 19 million in the financial year that ended July 7, Mesfin told a press conference.