Ethiopian inks purchase agreement with Boeing for two new B777 freighters


(Posted 21st June 2017)

Boeing and Ethiopian Airlines yesterday, on the sidelines of the Paris Air Show, signed a purchase agreement for two new B777 freighter aircraft, valued at some 650 million US Dollars at current list prices.
Tewolde Gebremariam, the CEO of Ethiopian Airlines, said when the deal was made public yesterday: ‘Building one of the largest cargo terminals in the world and operating new-generation, high-performance aircraft reflects our commitment in expanding and supporting the exponentially growing imports and exports of our country in particular and the African continent in general. The commitment to purchase two 777 Freighters is expected to boost the Ethiopian Cargo & Logistics Services.
The 737 MAX will form a key component of our strategic roadmap, vision 2025, enhancing our single-aisle fleet and keeping us at the forefront of African aviation. This is a continuation of the longstanding and commendable business partnership we had established with Boeing‘ the second part in reference to an add on order for 10 more Boeing B737MAX8 aircraft, also signed yesterday, which brings ET’s overall order of this aircraft type to 30.


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