Ethiopian wins Africa Lease Deal of the Year 2018 Award

Share
Tweet
Post
Send

Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX Certified Four Star Global Airline, is pleased to announce that it has won the Aviation 100 “Africa Lease Deal of the Year 2018” award by Airline Economics Magazine during the Airline Economics Growth Frontiers Dubai 2018 conference gala dinner.

The Aviation 100 awards recognize aviation’s most outstanding performers, as well as the most innovative and successful finance and leasing deals closed in the last 12 months. Winners of the Aviation 100 awards are decided by an industry-wide survey, a rigorous vetting process and editorial consideration.

Commenting on the award, Ethiopian Airlines Group CEO Mr. Tewolde Gebremariam said, “We are happy to receive this award from Airline Economics. It’s for the first time that the Japanese financing system, JOLCO, financed an aircraft deal with an African airline. JOLCO availed financing for our A350 aircraft. The deal shows the strong confidence of reputed global financiers in Ethiopian balance sheet and business plan.”

It is to recalled that Ethiopian Airlines had received Middle East & Africa Airline of the Year award in 2017 by Airline Economics.

Ethiopian is a multi-award winning carrier crowned with Four Star certification by SKYTRAX last year, Airline of the Year awards by AFRAA as well as multiple accolades for its outstanding passenger and cargo transport services.

About Ethiopian
Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its seventy plus years of operation, Ethiopian has become one of the continent’s leading carriers, unrivalled in efficiency and operational success.Ethiopian commands the lion’s share of the Pan-African passenger and cargo network operating the youngest and most modern fleet to more than 116 international passenger and cargo destinations across five continents

Share
Tweet
Post
Send

Related Posts

Sponsored

Follow Us

Follow Us on X

#VoyagesAfriq | Zambian content creator Wanzyanji explores Harare’s culture, cuisine, and hospitality in an immersive weekend experience, capturing the essence of Zimbabwe’s capital.

A story of connection and rediscovery.

Explore the full journey:

#VoyagesAfriq | African Hotel Development appoints Aleph Hospitality to manage 26 ONOMO hotels across 14 African countries, marking the region’s largest hotel management portfolio deal.

A strategic shift in African hospitality.

Explore the full story:

#VoyagesAfriq | Airlink @Fly_Airlink to lease 10 new Embraer E195-E2 jets from Azorra, enhancing efficiency, sustainability, and network expansion across sub-Saharan Africa.

A strategic fleet upgrade for regional growth.

Explore the full story:

#VoyagesAfriq | Labadi Beach Hotel debuts Mediterranean Night, a midweek culinary experience blending health, heritage, and international flavors in Ghana.

Explore the full story:

@LabadiBeach

Load More