Ethiopian Airlines will grow its revenue by $9.5 billion by 2025.

The Ethiopia national carrier, Ethiopian Airlines, has said it will grow its revenue by $9.5 billion by 2025.

The airline's Director of Sales and Service, Central and West Africa, Mr Aba Milki Abagaro, disclosed this on Tuesday, while addressing a press briefing at the airlines' headquarters at Bole International Airport, Addis Ababa, Ethiopia.

Abagaro added that the airline was confident it would generate the projected amount, given its antecedents in the 2010 projects, just as he said the airline planned to multiply its operating profit from $102 million it generated in 2010 to $955 million.

The director, who said the Ethiopian Airline's revenue stood at $949 million in 2010, added he was confident the airline would "multiply its staff size from 5,615 to 16,899, while its fleet size would increase from 45 to 112."
He promised that the airline would "double the number of its destinations from 79 to 121 and a sevenfold cargo uplift to 710,000."

Abagaro said: "In 2004, we projected $943 million as our revenue to be realised in 2010. But in 2010, we achieved a 227 per cent increase over our estimated projection, which made our 2010 revenue to stand at $1.227 million. We are, therefore, confident that in 2025, we will achieve our goals."

"Ethiopian Airlines will be the most competitive and leading aviation group in Africa by providing safe, market-driven and customer-focused passenger and cargo transport, aviation training, flight catering, maintenance repair and overhaul, ground services, domestic and regional services by 2025," hesaid.