Ethiopian becomes largest African carrier by revenue and profit

Ethiopian Airlines has become the largest African carrier by revenue and profit according to the International Air Transport Association’s (IATA) latest airline ranking – published in the 58th edition of World Air Transport Statistics (WATS). With revenue topping $2.3bn in 2013, this is the first time Ethiopian Airlines has achieved such a ranking in its 69-year operating history. According to IATA, Ethiopian now ranks first in Africa and 37th in the world in terms of revenue and first in Africa and 18th in the world in terms of operating profit. The historical ranking achieved by Ethiopian in 2013 is a testimony to the confidence of its passengers; the soundness of its 15 year strategic roadmap of fast, profitable and sustainable growth, Vision 2025.