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Home Business Travels Aviation

Ethiopian Airlines Makes a Historic Deal to Acquire 84 Aircraft at the Dubai Airshow

Business 360 by Business 360
November 24, 2023
in Aviation
0
Ethiopian Airlines Makes a Historic Deal to Acquire 84 Aircraft at the Dubai Airshow

Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline, has signed deals to purchase a total of 84 aircraft at the Dubai Airshow.

File photo: Ethiopian Airlines Group CEO Mesfin Tasew

Amidst the Airshow, Ethiopian has signed deals with the aviation’s big names such as Boeing, Airbus, and Rolls-Royce for aircraft purchase, and engine total care service.

Ethiopian has agreed to order 11 787 Dreamliner and 20 737 MAX airplanes with an opportunity for 15 and 21 additional jets, respectively, from Boeing, making the total order size with Boing to 67 aircraft. It has also committed to buy 11 additional Airbus A350-900s with six more purchase rights.

The total deal for 84 aircraft purchase is worth USD 23 billion at List Price. Ethiopian Airlines has also signed a Memorandum of Understanding with Rolls-Royce for a comprehensive Total Care service agreement for 22 Trent XWB-84 engines that exclusively power the Airbus A350-900 aircraft.

Commenting on the deals Ethiopian Airlines Group CEO Mr. Mesfin Tasew said, “We are pleased to reach a deal with both Boeing and Airbus for the purchase of these additional 84 airplanes.

“The Boeing 787-9, 737 -8 and the Airbus A350-900 aircraft models have been in ET fleet for several years now, and have demonstrated the highest level of passenger comfort, operational reliability and reduced operational cost.

“This order is consistent with our long-term fleet renewal and expansion plan. As a customer focused airline, we are particularly excited to boost our fleet with these ultra-modern airplanes that ensure a convenient and memorable onboard experience to our esteemed passengers, while being environmentally friendly with reduced carbon footprint.”

Ethiopian Airlines currently operates more than 140 young and ultra-modern aircraft to its 133 destinations across Africa, Europe, Middle East, Asia and the Americas. The agreements Ethiopian has made on the Dubai Airshow sets the airline on motion to achieving its strategic goal by 2035.

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