ETHIOPIAN AIRLINES REPURPOSES 45 AIRCRAFT TO CARRY CARGO

OF ALL industries hit worst by the effects of COVID-19, travel remains notoriously impacted. But Ethiopian Airlines discovered a way to build back some profit following the financial losses of the industry.

As Africa’s largest airline, the company was facing massive losses in excess of $1 billion in the wake of the virus.

Ethiopian Airlines alone witnessed around a 90 percent fall in international passengers. Facing a continued loss throughout the year, the company decided to take action with an innovative idea.

It ceased its financial losses after answering the demand for air freight transport. Ethiopian Airlines set to work and repurposed 45 passenger planes to fledge out its new cargo fleet. Playing on this freight demand the first half of the year saw a profit of $44 million.