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Ethiopian Airlines advances customer functionalities with CHAMP technologies
Spread the NewsEthiopian Airlines, a CHAMP customer for 30 years, has extended its partnership agreement with the cargo IT solutions provider for an additional 5 years. Under the agreement, Ethiopian will continue to benefit from its use of the acclaimed Cargospot suite of applications to manage the airline’s day-to-day sales and commercial activities and to…
Ethiopian Airlines conducts B737 MAX demo flight
Spread the NewsEthiopian Airlines, Africa’s largest and the leading Aviation Group has returned its B737 MAX back to the skies on Tuesday in a non-stop flight of 4:30 hour in different parts of Ethiopia. The flight was initially planned to take place to Mount Kilimanjaro in Tanzania from Addis Abeba. However, that flight to Tanzania…
African airlines saw 134.9% rise in demand for air travel
Spread the NewsThe International Air Transport (IATA) disclosed that African airlines experienced a 134.9 percent increase in demand for air travel in May 2022 when compared to the same period last year. However, load factors remain the lowest worldwide. The association announced global passenger data for May 2022 showing that the recovery in air travel…
ECA’s Economic Report on Africa addresses continent’s vulnerability during Covid-19
Spread the NewsThe disruptions caused by the Covid-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and reversed more than two decades of progress in poverty reduction on the continent. This is according to the Economic Report on Africa 2021(ERA2021) launched Sunday on the margins of the Economic Commission for Africa’s…
Nyala Insurance launches Diaspora Special product
Spread the NewsIn a view to provide insurance covers to Ethiopian nationals and Ethiopian descent diaspora, who are permanently residing outside of the country, Nyala Insurance S.C. (NISCO) announced that it has launched a new insurance product dubbed “Diaspora Special Assistance”. The new product which is to be realized in collaboration with the world’s largest…
Ministry to build gold refinery
Spread the NewsThe Ministry of Mines and Petroleum is planning to build a gold refinery plant that refines locally produced gold. Eng. Takele Uma, Minister of Mines and Petroleum, told local reporters that the ministry is holding talks with a company that would build the gold refinery plant. Takele said the gold refinery would process…