Ethiopian Airlines plans to unveil a strategic plan, Vision 2025, in the coming months and launched in 2011 (Capital, 05-Jul-2010). The plan to develop the carrier into one centralised holding company is being discussed with employees. It will replace the Vision 2010 strategy and transform the carrier into the leading and most diversified aviation group in Africa by integrating the international passenger network, domestic network, cargo, MRO business, aviation academy, inflight catering and ground services under the umbrella of The Ethiopian Group.
Ethiopian Airlines to unveil strategic plan 2025
You may also be interested in the following articles...
Africa's struggles continue as economies weaken and competition intensifies
Africa remains a region with huge untapped potential – as it has for many years. The long term outlook for growth is always bright, particularly if the Yamoussoukro Decision were to be implemented, bringing long overdue liberalisation.
HNA's Avolon group to acquire CIT Commercial Air, creating world’s third largest aircraft lessor
HNA Group’s remarkable spending spree continues, with the announcement that its Avolon subsidiary will acquire CIT Commercial Air, the aircraft leasing arm of CIT Group.
The USD10 billion deal will create the world’s third largest lessor - and they may be more to come yet.
Avolon itself was only recently acquired by HNA Group, with the USD2.7 billion purchase agreement being finalised in Jan-2016, via Bohai Capital Holdings.
Avolon is now the core aircraft leasing brand for the HNA Group. Including assets from Hong Kong Aviation Capital, Bohai Capital and several smaller HNA Group leasing firms, Avolon has a fleet of nearly 250 aircraft and almost 200 more on order.