- New routes around the world
- Transforming Addis Ababa into a regional hub
The state-owned Ethiopian Airlines, Africa's largest carrier by number of passengers, according to FlightGlobal
, has taken stakes in a raft of carriers across Africa and opened routes to new destinations, like Manchester, UK.
The expansion is part of the airline's 2025 Vision
to become the leading aviation group in Africa, and increase the share of the market occupied by African airlines.
"Twenty percent of the market is carried by African airlines and 80% of the market is carried by non-African airlines," said Tewolde Gebremariam, CEO of Ethiopian Airlines. "The market share has been declining for the last 20 years."
Ethiopian Airlines is looking to fend off competition from South African Airways, the largest carrier by number of flights, according to FlightGlobal, EgyptAir, Royal Air Maroc and Kenya Airways.