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Nigerian Eagle Airlines appoints Kinfa Fekadu of Ethiopia as CEO

04/28/10

09:47:49 pm, by nazret.com, 338 words

Categories: Ethiopia

Nigerian Eagle Airlines appoints Kinfa Fekadu of Ethiopia as CEO

Nigerian Eagle Airlines appoints Kinfa Fekadu of Ethiopia as CEO

Source: ThisDay

Lagos — Nigerian Eagle Airlines (formerly Virgin Nigeria Airways) has appointed an Ethiopian, Mr. Kinfa Fekadu, as the Chief Executive Officer of the major domestic carrier following the exit of Captain Dapo Olumide yesterday. The appointment takes immediate effect.

Also, the board of the airline, which was recently acquired by businessman, Jimoh Ibrahim, has approved the opening of a letter of credit for the purchase of two new aircraft.

In a statement made available to THISDAY by the airline, the new CEO, Fekadu, 47, was until his appointment the Chief Operating Officer and Chief Commercial Officer of the airline and has worked for over 22 years in the aviation industry.

Fekadu holds a BSc in Mechanical Engineering from Addis Ababa University and Masters of Technology (ITT) Mumbai and Masters of Business Administration (MBA) from Open University, United Kingdom.

Fekadu has attended various aviation-related operational and leadership trainings and conferences.

He was appointed Chief Operating Officer (COO) Ethiopian Airlines from October 12, 2009 and on January 14 2010 became the COO of Nigerian Eagle Airlines and also doubled as its Chief Commercial Officer.

Fekadu joined Ethiopian Airlines as college trainee on October 13, 1987 and served the airline under various capacities for the last 22 years.

Also appointed are two Executive Directors - Stephen Ojo, Executive Director, Accounts and Finance, and Tadafera, Executive Director, Treasury.

The board, the statement said, met in Lagos yesterday and asked Captain Olumide to hand over to Fekadu, noting that the former CEO was expected at the board meeting but did not show up and did not give any reason for his action.

The statement also said: "The Board also approved the opening of letter of credit (L/C) for the purchase of two new aircraft. The purchase will be financed by United Bank for Africa (UBA)."

It was announced at the weekend that Ibrahim acquired the airline which was mired in debts and was threatened with liquidation early last year before the Olumide-led management took over the company and sustained its operations.

Permalink 28 comments »

28 comments

Comment from: belew [Visitor]

sounds like a brain drain for Ethiopian??That's what happens when you don't pay your people well enough.Good luck to him though

04/28/10 @ 23:55

Comment from: baacaa [Visitor]

Good job and success Ob. Kinfaa

04/29/10 @ 00:12

Comment from: Yeha [Visitor]

Great job.Yeha

04/29/10 @ 03:40

Comment from: Solomon [Visitor]

Congradulations Ato Kinfe Fekadu. Ethiopians have great brain. Bad luck we don´t and couldn´t use all our wisdoms in the ethnic dominated rules of current poor Ethiopia. Way nedo!!

04/29/10 @ 04:35

Comment from: Tamrat Tamrat [Visitor]

Our athlets and Ethiopian air lines doing well which ever govenment we have which alowasy surprses me. What kind of immunity they have from the governments. Now many Ethiopian air lines ex-employees work all over the world in different departments and our athlest represent many nations. On the last cross country Ethiopian athlets represent Ethiopia, Qatar,AZERBAIJAN,BELGIUM,BAHRAIN,SPAIN,ISRAEL.

04/29/10 @ 05:08

Comment from: Ras Mitat [Visitor]

Unlike Ethiopian Airlines, Nigerian private airline industry is the Wild West. Terrible safety record, bankruptcies and people losing jobs overnight.

Mr. Kinfe Fekado is not the first former ET staff to manage other airlines, but the first I've heard of in Nigeria. We hope he succeeds!

04/29/10 @ 05:40

Comment from: ethiopian [Visitor]

Mr belew [Visitor

way don't u pay him????????

04/29/10 @ 06:27

Comment from: MulatwaD [Visitor]

Proud of you agere lej.

04/29/10 @ 08:49

Comment from: Aba Kabada [Visitor]

I hope he will manage all the odd, not shy away to make difficult decision and finaly he will bring a successes for the airline as much as for himself.
As far brain drein is concerned, that is expected when the minority tribalist run the government.

04/29/10 @ 08:57

Comment from: hayal [Visitor]

Belew,
Think in your brain, not fatty ass. What do you mean by "enough money". How enough is "enough money" for you. Do you have to be immerssed in politics 24 hours.

04/29/10 @ 10:06

Comment from: Big Deal [Visitor]

More fat dictators to kiss up to..but great job buuuuuud.

04/29/10 @ 11:22

Comment from: mel [Visitor]

That is good!!!we ethiopians one day we go back home with pride with money and good eduction.

04/29/10 @ 11:58

Comment from: belew [Visitor]

hayal hayal hayal,your name says it all dude.obvioulsy, you are one of those ass kissers meles has around him,so it wouldn't surprise me you taking offense to what i said.It has nothin gto do with politics at all.We live in a globalized capitalist system,and if you don't pay educated people what they deserve to get paid to do a highly technical job,somebody elese would be more than happy to pay them for their service!That is the reason we see many ethiopian professionlas working for asian airlines and also as in the case of Mr fekadu also.Hope your little brain would be able to analyze what i just said,unless you are completely block headed.

04/29/10 @ 13:12

Comment from: tezibt [Visitor]

Yes we have big mouths immersed on internet politics while good men are making history. That is how life goes the lazy vs. The hard working

04/29/10 @ 14:25

Comment from: Kibrom Asfaha [Visitor]

Of course it is a brain drain like Belew mentioned. The end never seem to come when every time compatriots are leaving left and right.

04/29/10 @ 14:56

Comment from: GoGo [Visitor]

before you lecture us with your dumb ass comments, please know that Ethiopian Airlines has a share in Nigerian Eagle Airlines.

04/29/10 @ 15:05

Comment from: Addis1 [Visitor]

Wish him all the success.

Hopefully, he will bring his longtime experience, Good corporate culture and business attitude of Ethiopian Airlines.

04/29/10 @ 15:22

Comment from: WHATEVER [Visitor]

Congratulations brother,Nigerian Airlines need all the professional help they can get. I'd rather walk than ride with them.

04/29/10 @ 15:48

Comment from: Awad [Visitor]

The ceo of cape verde island air ways is also an Ethiopian ,oh mama
Ethio when are your true sons daughters help and develop their own
unlike woyanne we would have had real 11%growth had it been the case

04/29/10 @ 17:26

Comment from: dj [Visitor]

Its Obvious the guy is very well educated and experienced. Ethiopian Airlines should keep him but ,It is what it is. peace

04/29/10 @ 19:33

Comment from: mitomedhin [Visitor]

WOW you will need more than a rabbits foot, prayers, 44tu tabotoch, etc.................
May his Excellency look after you!

04/29/10 @ 19:45

Comment from: ALPHA and OMEGA [Visitor]

I have a dream to our great nation of 4000 b.c. someday all immigrated citzens will get togather and rebuild the paralyzed and the WEYANE retards play ground land of us. I have a dream that in the near future, all the corrupted and pre school drop out Mrs and Miss "WEYANES" will be replaced by educated enough and the most qualifyed ETHIOPIANS. I have a dream that the so-called ZERTATA-HODAMS weyane TEGRE'S only fake generals will be replaced by fited and patriotic military science university grads. It is on horizon the dead end of :THE OLD pal of tegre boys ONLY SYMBIOTIC SCAM AND OPPORTUNISM OF WORKS AND ADVANCMENT PROVIDED BY EX-SABIAN thugs like bereket the beket and meat head melese to be excuted. I have a dream intrnationaly recognaized professors and doctors like FEKADU, ALEMAYEHU,BIRTUKAN,IJJITA,KITAW,BERHANU,YOHANES,EMEBET GETACHEW' MAMO,MERED,YAKOB,TOLOSA, The elite educatots at NASA,JOHN-HOPIKNS, MIT, OXFORD e.t.c to go back and pay there share under the umberella of "E-T-H-I-O-P-I-A.N-I-S-M'

04/29/10 @ 21:26

Comment from: Truth 1 [Visitor]

To Aba Kabada

"As far brain drain is concerned, that is expected when the minority tribalist run the government."
what a foolish racist thinker you are? As you said it is brain drain not number matters.

04/30/10 @ 00:44

Comment from: M_Op [Visitor]

Solomon, His name is Kinfa, not Kenfe! Typical habesha.

04/30/10 @ 07:26

Comment from: Bekele Bachero [Visitor]

Nazretotch

Please advise his Correct Name, as there there was no COO at Ethiopian Airlines named Kinfe Fekade.
According to EAL WEBSITE, there is Ato Kinfe KAHSAY serving the airline in Executive capacity heading the strategy and planning portofolio.

04/30/10 @ 07:28

Comment from: Kinfe Kahssaye [Visitor]

Dear All,

Thank you for all the comments. I am on a secondment assignment from Ethiopian Airlines

04/30/10 @ 14:04

Comment from: lulu [Visitor]

WHATEVER...You are very stupid for making such comments. "I would rather walk than to ride with them" Very illicit comment! You could swallow your saggy pride and die in hunger. Unlike other realists some of you stupid asses here think this is a matter of brain drain and professional drain...What about Nigerian professors and doctors that are in Ethiopia teaching in those lowlives schools or treating patients dying of either AIDS or hunger? Wouldn't you call that brain drain? No, brain drain is all the gas station and parking lots attendants in foreign land bursting their asses for years on one spot with nothing to show...no civilization or self-esteem. Brain drain is all the number of adopted children that are being sold by their parents (shame on you guys) all over the world for monetary gains. Brain drain is the number of young girls in Arabian countries doing prostitution in the name of housekeeping (shame shame shame!!!)You could choose to die in your saggy pride and let this brother make a living in the Airline industry. Ugly bastard!
@ Ras Mitat: "Unlike Ethiopian Airlines, Nigerian private airline industry is the Wild West. Terrible safety record, bankruptcies and people losing jobs overnight" I see you are now an analyst overseeing issues in other countries. Why don't you start with your impoverish country that deny her citizenry of basic infastructure and needs? If you are so concerned about Nigeria's safety record and loss of jobs overnight like you put it, why don't you start by educating your people to stay in abject poverty and die of hunger and AIDS than to have them be gas station and parking lots attendants in the White men's land...or do they have a share in these establishments? Now, that's what I call brain drain....FOOL!!! as I am concerned, this is just pure hate on Nigeria. Keep hating you ugly fluorine contaminated toothed holish ugly looking face dirty bastard!

04/30/10 @ 22:04

Comment from: zi [Visitor]

Kinfa Fekadu, you are the best. under your leadership Nigerian Eagle will be one of the top AL.

05/01/10 @ 09:20

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