Boeing Delays Stall Ethiopian Airlines' Expansion Plans
Aircraft delivery delays at Boeing are hindering Ethiopian Airlines' growth plans, despite the airline's preparation for a major airport expansion and continued passenger growth, according to Group CEO Mesfin Tasew.
"We still have a shortage compared to our longer-term plan," he said. "This will continue, maybe for the coming two years."
The airline has over 100 aircraft on order from Boeing, but slower-than-expected deliveries have created a fleet shortage. However, Ethiopian Airlines expects widebody aircraft from both Boeing and Airbus to arrive in large numbers after the two-year period, allowing it to realign with its growth strategy.
Author's summary: Boeing delays hinder Ethiopian Airlines' growth plans.