Ethiopian Airlines reports 14 percent revenue growth in first half of financial year
The carrier earned 4.4 billion dollars in six months as it expanded its fleet and routes. Growth comes as work begins on a massive new 12.5 billion dollar hub.
Insights:
Ethiopian Airlines announced on Tuesday that its revenue for the first half of the financial year rose 14% year-on-year to $4.4 billion. This growth covers the first six months of the carrier’s financial year, which began on July 8. The airline, which operates out of Ethiopia 
ET, attributed the increase to the introduction of new destinations, higher flight frequency across its network, and the addition of seven new aircraft to its fleet.
ET, attributed the increase to the introduction of new destinations, higher flight frequency across its network, and the addition of seven new aircraft to its fleet.
