Ethiopian Shelves Plane Deals, Maps Out Privatization Plan

  • 100-seater requirement on hold as demand favors bigger jets
  • Hotel, logistics arms ripe for outside investment, CEO says

By Nizar Manek, 16 July 2018
Ethiopian Airlines Group has shelved plans to establish a fleet of smaller jetliners as gains in demand suggest that the routes where they’d be deployed would be better served using larger planes.
Africa’s biggest airline had been looking at Bombardier Inc.’s C Series aircraft -- since taken over by Airbus SE and renamed the A220 -- together with Embraer SA’s E195. An order, which had been mooted as likely at this week’s Farnborough air show, is now off the agenda, Chief Executive Officer Tewolde GebreMariam said in an interview.
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