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Ethiopian Air Looking To Double Fleet

Ethiopian Airlines is considering placing orders for Boeing, Airbus and Bombardier aircraft as it plans to nearly double its fleet to 150 by 2025.

The state-owned airline is also in talks with Airbus to bring forward the delivery of 14 A350-900s to 2016-2017 from an original target of 2016-2018, Ethiopian Airlines chief executive Tewolde GebreMariam told reporters at the launch of the airline's first direct flight to Manila.

"We have 76 aircraft operating, 47 in order. We are evaluating the Boeing 777-X, Airbus A350-1000 and Bombardier Q400," GebreMariam said. "The target is to reach 150 fleet by 2025."

Last month, Boeing said that Ethiopian Airlines ordered six 787-8s worth USD$1.3 billion at list prices, part of the airline's plans to update and expand its fleet.

GebreMariam said the airline was looking to revise upwards its 2025 target of USD$10 billion annual revenues alongside a rapid expansion of its routes.

(Reuters)