Airlines

Ethiopian Airlines, Citi Sign $450m Loan Agreement

Ethiopian Airlines, Africa’s largest carrier, has announced a whopping $450 million loan agreement that will finance five new Boeing aircraft, which include three Boeing 737-8 and two Boeing 777F (Cargo). The loan will be secured against the value of the five planes and has been arranged exclusively by Citi’s Corporate Banking and Export Agency and […]

Ethiopian A350-900 Airlines

Ethiopian Airlines Set to Order 67 Boeing Jets

  Ethiopian Airlines, the largest and leading aviation group in Africa, and its longstanding partner Boeing, have announced plans to order 11 787 Dreamliner and 20 737 MAX airplanes with an opportunity for 15 and 21 additional jets, respectively, totaling 67 Boeing Jets. The agreement, signed by Ethiopia’s national carrier at the Dubai Airshow, represents […]