....(CNN) -- As the first airline outside Japan to own Boeing 787 Dreamliner, Ethiopian Airlines has an impressive business record despite the global economic crisis. Growing 20 to 30% a year for the past seven years, the airlines' strategic plan is to carry 18 million passengers a year by 2025.
full article: http://edition.cnn.com/2012/09/03/world ... le_sidebarCNN: I understand you have a 15 year plan with Ethiopian Airlines and the target is to meet ten billion dollars a year in revenue. What does that goal tell us about Africa's aviation industry?
TG: Ethiopia is growing very fast. 11% GDP for the last decade continuously. It's among the fastest growing economies in the world. Africa is growing, so we are growing together. In our vision, 2025, strategy plan is to operate 120 airplanes. To more than 90 destinations, generating about 10 billion dollars, carrying more than 18 million passengers, 720,000 tons of cargo.
We've been growing for 20 to 30% per annum compounded for the last seven years. So in seven years, we have multiplied the airline by five times. So this growth is predicted to continue mainly because we are leveraging and harnessing on our strategic location. If you draw a line through China, Africa, India and Brazil we are located right in the middle and we take advantage of this growth because these emerging economies are growing very fast.
