The Ethiopian Airlines announced that it has earned $5 billion in revenue during the last Ethiopian 2021/2022 fiscal year, which ended on July 7.
Ethiopian Airlines’ 2021/2022 fiscal year revenue showed an increase of 79 percent compared to the previous 2020/2021 fiscal year, the airlines said on Wednesday in a statement.
Africa’s foremost airline earned the revenues through the transportation of 6.9 million passengers and 7,700 metric tons of cargo during the 2021/2022 fiscal year, while overcoming global challenges.
These include the ongoing COVID-19 pandemic, high fuel prices and global economic instability, according to the statement.
Founded in 1946, Ethiopian Airlines is the largest African air carrier with more than 130 international passenger and cargo destinations across five continents.
It is currently implementing a 15-year strategic plan called Vision 2025, which aims to make it become the leading aviation group in Africa.
MG/as/APA