AIRLINES

Ethiopian Looking to Build on its Cargo Business with the Introduction of an African E-commerce Logistics Hub

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The largest airline in Africa will invest in services and infrastructure for cargo transport. With this, it intends to become a logistics center for the growing e-commerce market on the continent.

Tewolde GebreMariam, the company’s CEO, told Bloomberg that the company is “looking at an order” for around five 777Fs. The manager did not rule out the possibility of also acquiring “some” A350Fs .

Ethiopian Airlines currently owns three B737-800SF and nine B777-200F. It also uses at least six A350-900s and one DHC-8-Q400 in cargo-only operations.

While the airline was rumored to be interested in the A220, Tewolde stressed that the plan was “shelved” indefinitely.

The company is also looking to expand its cargo operations in Addis Ababa. “We are building a new e-commerce warehouse in the airport cargo area,” said the CEO.

While Ethiopian has been a major player in the cargo sector for years, this position has been solidified during the pandemic.

Freight transport over the past two years has helped many airlines stay afloat. Freight transport accounts for half of Ethiopian’s revenue, up from 15% before the Covid-19 outbreak.

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