22-Mar-2010 1:42 PM

Ethiopian Airlines to increase fleet to over 100 in the next decade

Ethiopian Airlines revealed its new, strategic 15 year plan, "Vision 2025", as part of which the carrier reportedly plans to increase its fleet to over 100 aircraft, up from the current 30 aircraft (Nazret/The Reporter, 19-Mar-2010). The carrier also reportedly plans to increase its employee numbers from the existing 4,850 to over 10,000 to support the expansion, which will also reportedly see the carrier increase its network to 200 destinations and its operating revenue to USD3 billion. The development strategy will have three phases, each with a five-year term, which will be evaluated every five years.