BR100 Decreased By (-1.91%)
BR30 Decreased By (-2.34%)
KSE100 Decreased By (-1.54%)
KSE30 Decreased By (-1.69%)
AGHA 7.56 Decreased By ▼ -0.14 (-1.82%)
BECO 5.09 Decreased By ▼ -0.04 (-0.78%)
BML 54.98 Decreased By ▼ -1.69 (-2.98%)
BOP 32.98 Decreased By ▼ -0.77 (-2.28%)
CNERGY 10.10 Increased By ▲ 0.22 (2.23%)
CSIL 5.13 Decreased By ▼ -0.16 (-3.02%)
FCCL 51.25 Decreased By ▼ -1.84 (-3.47%)
FFL 16.18 Decreased By ▼ -0.34 (-2.06%)
FNEL 1.19 Decreased By ▼ -0.02 (-1.65%)
KEL 7.06 Decreased By ▼ -0.16 (-2.22%)
KOSM 5.54 Decreased By ▼ -0.18 (-3.15%)
LOTCHEM 29.12 Decreased By ▼ -0.19 (-0.65%)
MLCF 88.82 Decreased By ▼ -3.34 (-3.62%)
NBP 197.49 Decreased By ▼ -4.12 (-2.04%)
NCPL 55.02 Decreased By ▼ -1.43 (-2.53%)
NPL 64.88 Decreased By ▼ -1.69 (-2.54%)
OGDC 311.95 Decreased By ▼ -4.34 (-1.37%)
PACE 10.21 Decreased By ▼ -0.27 (-2.58%)
PAEL 40.99 Decreased By ▼ -1.05 (-2.5%)
PIBTL 15.96 Decreased By ▼ -0.45 (-2.74%)
PPL 212.66 Decreased By ▼ -4.18 (-1.93%)
PRL 52.54 Increased By ▲ 1.68 (3.3%)
PTC 69.08 Decreased By ▼ -0.78 (-1.12%)
SSGC 25.10 Decreased By ▼ -1.88 (-6.97%)
TBL 9.62 Decreased By ▼ -0.11 (-1.13%)
TELE 8.32 Decreased By ▼ -0.33 (-3.82%)
TPL 17.75 Decreased By ▼ -0.15 (-0.84%)
TPLP 13.22 Decreased By ▼ -0.17 (-1.27%)
TREET 21.74 Decreased By ▼ -0.82 (-3.63%)
TRG 56.89 Decreased By ▼ -2.37 (-4%)
Markets

Ethiopian Airlines set to decide on regional jet order in next three months

  • The planes would be used on both ​domestic routes and around neighboring countries
Published Updated
Photo: Reuters
Photo: Reuters
By

RIO DE JANEIRO: Ethiopian Airlines will probably decide within the next three months ​on an order for 25 smaller commercial jets to ‌expand its local network, CEO Mesfin Tasew Bekele said late on Saturday during a gathering of airline executives in Brazil.

Africa’s largest carrier, ​which operates 147 aircraft, is looking at the Airbus A220, ​Embraer E-2 and the Boeing 737 MAX 7, ⁠which is expected to be certified by the US Federal ​Aviation Administration this year.

The planes would be used on both ​domestic routes and around neighboring countries.

“There are some issues, but probably within a matter of three months,” Bekele said of the timing of ​a decision. Bekele did not specify the issues.

The A220 ​programme remains in the red and has faced stiff competition from Brazilian ‌rival ⁠Embraer.

Like other carriers, Ethiopian Airlines has been wrestling with higher fuel prices due to the war in Iran and it has cut Middle East flights to meet lower passenger demand, ​such as reducing ​frequency to ⁠Dubai from three flights to two a day, he said.

System-wide the carrier is spending about ​60% more on jet fuel, although it has ​managed ⁠to resolve concerns over shortages.

“We have addressed the supply issue. It is okay now,” he added on the sidelines of the ⁠International ​Air Transport Association’s (IATA) annual summit this ​weekend in Rio de Janeiro. “But the price issue is a serious issue.”


Comments

200 characters remaining