WHAT IS THE MAIN REASON OF HAVING BOARDING SCHOOLS? WHAT PURPOSE DO THEY SERVE? Someone should really explain this. We cannot have BOARDING SCHOOLS/DORMITORIES as DEATH traps for our children
@WahomeHon I don't remember "Hosting Heads of States" anywhere in his manifesto. How much taxpayers money did the event spend? How many pple cannot access a meal a day?
@DrDennisOuma This is why I keep saying that we really have so many learned fools. @amerix is completely right when he calls such as you as functional illiterate. Waste of basic education! Or effects of GMOs on some brajns
@BiancaNaom1 Mjinga sana. How does that help the kid in Samburu County sleeping hungry? Deal with the bottom problems on the ground before rising to the air
Consistently delivering industry-beating results is the DNA of Ethiopian Airlines (ET) - a rare success story of a 100% African owned, 100% African operated indigenous multinational corporation.
Yesterday ET announced record financial results for 2025.
Revenue: $7.6 billion +8%
Passengers: 19 million +10%
Remarkable Insights:
ET’s revenue is bigger than the combined revenues of Egypt Air, Kenya Airways, all airlines in Nigeria (added together), South African Airways, Air Maroc and next 15 largest African airlines.
ET’s fleet of 160 aircrafts is 2.5X bigger than Egypt Air, 5X bigger than Kenya Airways, 4X bigger than all airlines in Nigeria combined and 17X bigger than SAA (South African Airways). SAA was once Africa’s largest and was 10X bigger than ET in the early 2000s.
While ET’s profits for 2025 are not yet released, our analysts at CBE Capital Investment Bank estimate it to be ~ $1.0 billion, which will rank ET as the 3rd most profitable airline in the MEA region after dubai based Emirates and Qatar Airways and will be amongst the 15 most profitable airline in the world.
Per day ET generates $21 million revenue and transports 51,000 passengers.
Congratulations to ET’s management, led by its CEO Mr. Mesfin Tasew and the 20,000+ employees. Also a note of appreciation to the airlines’ board and the owner, the Government of Ethiopia. Their role contribute to ET’s sustained success.
Interesting fact: The three most successful airlines in the MEA region (Emirates EK, Qatar QR and ET) which are also amongst the most successful in the world, are all fully government owned.
As I have stated many times over the years, it’s not who owns the airlines (private vs. government) that determines the success or failure. The three governments who own these highly successful airlines - EK, QR and ET - are smart enough to allow the airlines to run as businesses (which they are). This gave the airlines’s management the opportunity to focus on flawlessly executing their strategies and deliver spectacular successes competing against airlines around the world - private or government owned. A big lesson here - there’s no “one size fits all” ownership model for success in the global airline business. Each is unique.
Many privately owned airlines have gone bankrupt (including ET’s original partner TWA of the U.S.) while many others have succeeded. The same for government owned airlines although data shows it’s much rarer for government owned airlines to globally succeed but they do happen. EK, QR and ET are shining examples.
In Africa, currently all government owned airlines, except ET, are financially bankrupt (meaning - they don’t make money and without endless taxpayer subsidy they will stop operating).