ETHIOPIA PLANS $5 BILLION AIRPORT

ETHIOPIA RECENTLY revealed plans to build Africa’s largest airport within six months, at a cost of around $5 billion.

This will help the ascendancy of its national carrier, Ethiopian Airlines, currently the most profitable on the continent – the airline reported a 25 percent increase in profits to $260 million in 2018-2019.

The new airport will be located 70 kilometres from the existing Bole International Airport in the capital, Addis Ababa. It will have the capacity to handle up to 100 million passengers a year. This would give it a larger capacity than London Heathrow (Europe’s busiest Airport), and Dubai International, which offers the most international flights.