Ethiopian Airlines aims to become a logistics hub for Africa's growing e-commerce market
Africa is experiencing the fastest air cargo recovery among the world's regions following the global decline in demand associated with the COVID-19 pandemic.
Africa's largest airline, Ethiopian Airlines, has announced plans to invest in cargo services and infrastructure, banking on this growth.
The airline's head, Tewolde Gebremariam, said the company is "considering ordering" about five Boeing 777F aircraft. He also did not rule out the possibility of buying "several" Airbus A350Fs.
Ethiopian Airlines currently owns three Boeing B737-800SFs and nine Boeing B777-200Fs. It also uses at least six Airbus A350-900s and one Bombardier DHC-8-Q400 for cargo only.
The carrier also intends to increase cargo operations through Addis Ababa with a new e-commerce warehouse in the airport cargo area.