Ethiopian Airlines last week announced that it had exceeded its profits target for 2014. The airline posted a $175 million profit last year, exceeding its revenue targets, and dwarfing its main African competitors in Kenya and South Africa, who have posted losses and are sinking in debt. Its passenger numbers grew from 5.2 million to more than six million passengers […]
Source: http://www.ethiosports.com/2015/08/31/ethiopian-airlines-flying-high-as-other-african-carriers-sink/