Published • loading... • Updated
Ethiopian Airlines to Buy 10 777 Freighters From Boeing
The order gives Ethiopian Airlines an option for eight more 777-8Fs as it seeks to expand cargo capacity before the new jet enters service.
- On Wednesday in Addis Ababa, Chief Executive Officer Mesfin Tasew and Boeing Senior Vice President Brad McMullen finalized an agreement for eight 777-8 freighters and two 777 freighters, valued at about $5 billion.
- This purchase supports Ethiopian Airlines' strategy to strengthen its role as a global logistics gateway, as the carrier currently operates more than 140 aircraft including 12 777F cargo planes.
- Growth remains strong, with the airline generating $9.1 billion in revenue in the financial year ending July 7, 2026, a 20% increase; cargo volumes rose 16% to 897,000 metric tonnes while passenger numbers increased 10% to 20.7 million.
- The Federal Aviation Administration recently granted Boeing an exemption from fuel-efficiency limits starting in 2028, enabling the manufacturer to sell 35 additional 777F freighters through 2031.
- Meanwhile, Ethiopian Airlines is helping finance a $12.5 billion airport project near Addis Ababa, which officials say will become Africa's largest airport, though the 777-8F is not expected to enter service until around 2029.
Insights by Ground AI
13 Articles
13 Articles
Africa’s largest airline orders 10 Boeing freighters, secures option to buy 8 more as demand grows
Ethiopian Airlines has signed a deal to buy 10 Boeing cargo planes as Africa’s largest airline expands its freight operations and strengthens its position as a major aviation hub.
·New York, United States
Read Full Article
The Ethiopian company has placed a firm order of eight new generation Boeing 777-8F and two current 777F. The latter are expected to join its fleet by 2027 and 2028, while the first 777-8F are expected only from 2033. Ethiopian Airlines also has purchasing rights for an additional eight 777-8F. Two [...]
Coverage Details
Total News Sources13
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
Factuality
To view factuality data please Upgrade to Premium
