The Ethiopian air transport market is set to grow 226% by 2037, according to a study presented by the International Air Transport Association (IATA) in March 2020. “The Ethiopian Government’s recognition of air transport as a key driver of the country’s economic growth has paid significant dividends. Economic, political and regulatory reforms, aimed at energizing and transforming the economy from a state-led to market-based growth, with stimulants such as the recently-introduced ‘Visa on Arrival’ process, are bolstering Ethiopia’s importance as a major East African air transport hub,” said Raphael Kuuchi, IATA’s Special Envoy to Africa on Aeropolitical Affairs.
Opportunities
Ethiopian Airlines’ main hub and headquarters are at Bole International Airport in Addis Ababa, from where it serves a network of 125 passenger destinations – 20 of them domestic and 44 freighter destinations. The airline has secondary hubs in Togo and Malawi. Ethiopian is Africa’s largest airline in terms of passengers carried, destinations served, fleet size, and revenue. Ethiopian is also the world’s 4th largest airline by the number of countries served.
