– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Senegal, Eni Sign Deal to Evaluate Five Offshore Oil and Gas Blocks
Sasol Signs Africa’s First Commercial SAF Supply Deal for Antarctica Flights
TotalEnergies Partners With French AI Firm Mistral on Oil and Gas Exploration
World Bank Chief Banga to Back Senegal’s Push for Faster G20 Debt Restructuring
Forbes Values Dangote’s Fortune Above $50 Billion After Refinery Revaluation
JPMorgan to Launch Frontier-Market Bond Index Tracking $330 Billion of Local Debt
AI Stocks Slide Globally as Anthropic CEO Calls for Slower Pace of Development
Senegal’s President Faye to Meet IMF Chief Georgieva in Washington on September 15
Dangote Refinery IPO Surge Crashes Nigerian Investment Apps as Demand Soars
Guinea Seeks Glencore Investment in Alumina Refining and Energy Beyond Bauxite Deal
Egypt Partners With China’s CATL to Build 5 GWh Battery Manufacturing Plant
Senegal Raises $179 Million in First Bond Auction Since External Debt Revamp Plan
Dangote Launches Africa’s Largest IPO as $1.6 Billion Share Sale Opens to Retail Investors
India’s Solar Industries to Acquire South Africa’s Omnia Holdings for $1.4 Billion
Morocco Projects 4.1% Economic Growth in 2027 as Investment and Industry Strengthen
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Aviation » Ethiopian Airlines Reports Record $9.1 Billion Revenue as Passenger and Cargo Traffic Grow
Aviation

Ethiopian Airlines Reports Record $9.1 Billion Revenue as Passenger and Cargo Traffic Grow

by Emmanuel Ebube July 29, 2026
written by Emmanuel Ebube July 29, 2026
FacebookTwitterLinkedinEmail
69

ADDIS ABABA, July 29 – Ethiopian Airlines, Africa’s largest airlines, reported a 20% increase in revenue for the 2025/26 financial year, reinforcing its position as Africa’s largest airline as growth in passenger traffic and cargo operations boosted performance.

According to figures published by the Ethiopia News Agency, the state-owned carrier generated $9.1 billion in revenue during the financial year ending 7 July 2026, up from the previous year.

Passenger numbers rose by 10% to 20.7 million, reflecting continued demand for both regional and international travel, while cargo volumes increased by 16% year on year to 897,000 metric tonnes.

The airline also continued to expand its operations during the year, adding nine aircraft to its fleet, which now comprises more than 150 aircraft. It also upgraded facilities at Addis Ababa Bole International Airport to support its growing network.

You Might Be Interested In
  • Ethiopian Airlines Nears Decision on 25 Aircraft Order for Regional Expansion

Earlier this year, Ethiopian Airlines announced plans to strengthen its long-haul operations by purchasing six additional Boeing 787-9 Dreamliner aircraft. In June, the airline also said it would decide within three months on an order for 25 smaller commercial aircraft to expand its domestic and regional route network.

While the airline did not disclose its profit for the financial year, the Ethiopia News Agency reported that financial performance was affected by flight cancellations linked to conflict in the Middle East and the Ebola outbreak in the Democratic Republic of Congo.

Despite those operational challenges, the latest results highlight Ethiopian Airlines’ continued expansion strategy and its growing importance in African aviation. The airline has remained one of the continent’s strongest-performing carriers, investing in fleet modernisation, cargo capacity and airport infrastructure to support rising passenger demand and strengthen its role as a regional and global aviation hub.

You may also like

Kenya Takes Majority Control of Kenya Airways as Losses Widen

Read Next

  • Cascador Selects 10 Growth-Stage Nigerian Businesses For 2026 ScaleUp Programme

    September 2, 2026
  • South Africa Enters Strongest Economic Phase in a Decade, Standard Bank Says

    February 10, 2026
  • DRC Plans $750 Million Debut International Bond

    February 12, 2026
  • Fitch Upgrades South Africa’s Sovereign Credit Rating for First Time in Two Decades

    June 8, 2026
  • Liberia to Host Türkiye’s First Embassy Amid Growing Ties

    March 25, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy