Africa’s largest aviation group has posted strong midyear results, recording $4.4 billion in revenue for the first half of its fiscal year, supported by rising passenger demand, growing cargo operations, and an ambitious route-development strategy.
The carrier transported more than 10 million passengers during the six-month period while maintaining robust freight volumes, highlighting the resilience of its diversified business model that combines passenger travel with logistics services. Continued recovery in global travel, alongside the airline’s expanding connectivity, has reinforced its role as a key link between Africa and major international markets.
Growth was driven in part by the addition of new aircraft and the launch of extra international routes across a network that now spans roughly 145 destinations worldwide. Fleet modernization remains central to the strategy, with ongoing investment in fuel-efficient aircraft supplied by Boeing, including long-haul models such as the 787 Dreamliner designed to improve operating efficiency and support increasing intercontinental demand.
Beyond fleet expansion, the airline is also pursuing major infrastructure upgrades. Plans are underway for a new airport near Bishoftu to complement operations in Addis Ababa, significantly increasing passenger-handling capacity over the coming decade as the capital strengthens its position as a global transit hub.
Despite industry headwinds, including aircraft supply constraints, geopolitical uncertainty, and broader operational pressures, the airline’s sustained investment in modern aircraft, network growth, and hub infrastructure signals confidence in long-term demand. The expansion underscores its ambition to consolidate its leadership in African aviation while deepening its role as one of the world’s key connectors between continents.
