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Ethiopian Airlines Adds Three B787s With Long-Term Lease Agreement With ILFC
LOS ANGELES — International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that Ethiopian Airlines, one of the fastest growing airlines in Africa, has agreed to lease three of Boeing’s new Dreamliner 787-8 aircraft.
"ILFC is proud to reinforce our partnership with Ethiopian Airlines by adding to their fleet the most advanced aircraft in the skies today – Boeing’s Dreamliner,” said ILFC Chief Executive Officer Henri Courpron. “Ethiopian is a proud airline with a history of success and commitment within Africa and international destinations around the world. We look forward to their continued success.”
Tewolde GebreMariam, Chief Executive Officer of Ethiopian Airlines, said, “In line with vision 2025 strategic road maps, Ethiopian is scaling up its fast, profitable and sustainable growth. Being the first in Africa and third in the world to operate the 787 Dreamliner aircraft and being satisfied with the performance of the fleet in service, Ethiopian is pleased to bring the B787 fleet to thirteen by 2015. We value our partnership with ILFC.”
ILFC’s Head of Europe, Middle East and Africa Colin Bole commented, “Africa presents a real opportunity for the aviation industry to expand and contribute to the growth and prosperity of the continent. ILFC is committed to partnering with the region’s strategically minded airlines such as Ethiopian.” Last year ILFC opened a full-service office in Amsterdam to support regional customers including those in Africa.
The aircraft are scheduled for delivery in the first half of 2015 and will carry GEnx-1B70/75 engines. ILFC is the largest customer for the Boeing 787 Dreamliner with an order book of 74 aircraft. The 787 incorporates visionary technologies that provide environmental improvements together with enhanced fuel efficiency and passenger comfort.
Ethiopian Airlines, the fastest growing airline in Africa, made its maiden international flight to Cairo in 1946 and now the Airline provides dependable services to 70 international destinations spanning four continents. Ethiopian is proud to be a Star Alliance Member. The Star Alliance network is the leading global airline network offering customers convenient worldwide reach and a smoother travel experience. The Star Alliance network offers more than 21,555 daily flights to 1,356 airports in 193 countries.
Ethiopian is a multi-award winner for its commitment and contributions towards the development and growth of the African aviation industry and in recognition of its distinguished long-haul operations enhanced by the introduction of new routes and products. Recently, Ethiopian won Gold in the African Airline of the Year 2011/2012 Awards organized by the African Aviation News Portal. Ethiopian also received the 2011 AFRAA award for being consistently profitable over the years and has won the "AFRICAN CARGO AIRLINE OF THE YEAR 2011 Award” for its excellence in air cargo. Ethiopian also won the 2012 "African Airline of the Year Award" from Air Transport Quarterly Magazine.
With its acquisition of and firm orders for several new modern fleets, the airline is well positioned to pursue aggressively the implementation of its 2025 strategic plan to become the leading Aviation group in Africa. www.ethiopianairlines.com
ILFC is the world’s largest independent aircraft lessor measured by number of owned aircraft. ILFC’s portfolio consists of over 1,000 owned or managed aircraft, as well as commitments to purchase 239 new high-demand, fuel-efficient aircraft and rights to purchase an additional 50 of such aircraft. www.ilfc.com
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. www.aig.com
THE SKY IS THE LIMIT!!!!
Keep up the good work EAL. I’m proud of you.
Make sure these Arabs do not bite our shares in Africa, and they are now dumping the prices because they have the oil.
They can even use a lokal terrorist groups to sabotage the growth of EAL.
Ethiopian Airlines is running with loss. It is one of corrupt Airlines in Africa.
Egypt Air, Royal Air Maroc and other Arebian Airlines are well suited and better equiped to operate in Africa.
Senait good point!
Tell this Egyptian slave above to fu*k off from our website. Or Give him a good kalcho.
C’est moi senait [Visitor]
I know if you open your legs wide open the stink can terrorize any terrorist on this planet. Can you please just do that to protect Ethiopia from terrorists?
C’est moi senait:
Birhanu nega bedenb saybedash alkerem.
C’est moi senait:
C’EST MOI SHERMUTA:
Nazi.com please get this dirty beech out of here. She stink too much.
You must be very ugly that you are seeking attention here where no one sees your face.
u HOMOSEXUAL AREB! GO and suck the big CAMEL-SWING inside ur’s TALIBAN tent while the goast of 7-wives in heaven undress ur’s MEHkNUD women’s JELEBIA coverd stinky azz and bow u down by grabbing ur’s retarded rag head
Nazret shame on you for displaying stupidity and discussion that is meaningless.
Would u revive Ur’s ZINJERO rotten boyfriend, decayed meat MELES? so u can leak his nuts powerfully?!. Stupid @GAME! stinks like his MAMA PU**Y.
you are wicked.@visitor. It is better for you to defend yourself. I would say the same thing. go fuck our Paul. Yo now happy.
Thanks Nazret.com for posting balance aritcles.Ethiopia airlines is doing a great job,but there is a lot of room for improvements.And ethiopians all walks of life that flys Ethio Airline should address thier compliment or complaints to the ceo to improve EAL.Visit my Facebook I LOVE TIGRAY & learn about our Ethiopia Culture.Where is my favorite person Agazit Woman From Adigrat which happen to be my home town?
@I LOVE TIGRAY ON :FACEBOOK
Thanks for your kind word and hard work promoting Tigray/Ethiopia culture.
Belive it or not i had being visiting your page a while back and i love it.
Your facebook I LOVE TIGRAY ,TIGRAIONLINE ,NAZRET.COM & WEDIAGAME ON YOUTUBE are my few favorite ones.
WEDIAGAME on youtube page is one of the true Tigray & ethiopia lover out there.He have being promoting our culture morethan the stupid Tigray culture minister.
Overall we Agazean brave Tigray PEOPLE from the district of AGAME/ADIGRAT have being promoting Tigray/Ethiopia culture as well as defending our country ETHIOPIA from various enemies.
I am not to crazy about Aigaforum.com because of his carelessness when it comes to promoting TIGRAY CULTURE & tigray people interests.Nevertheless Aigaforum effort is apperciated for giving ethiopians voice.
Keep up with your hard work promoting the BEAUTIFUL TIGRAY PEOPLE CULTURE,TRADITIONS,MUSIC AND ANCIENT RELIGIONS & in general Ethiopians.
I love your facebook and keep up with the good work.
Dont forget the heroic Tigray people liberation front was able to defeat all our enemies because of TIGRAY CULTURE,TIGRAY MUSIC,TIGRAY TRADITIONS.
And the Tigray people liberation Front lived,breathed on Tigray people resources for 17 long hard years.
Our culture,traditions are what makes us to be complete humanbeings.
Take care my brother.
What a loser you are!I hope someone teaches you a little bit of moral if you know what it means. It just shows how far you are from civilised blogging.
No no no please Ethiopian please no busines with AIG, are you people out of your damn mind? Fire that moron for a CEO!
egypt in ruins: Put your bag of chips away before vomiting, troll. Whose nerves do you think you’re ticking off punk? Not Ethiopians no, just fuck off and find and another hobby!
Igzer EtyoP’yan And’ Yargat, Kek’fum YiT’ebikat.
Wakes up every day proud that I’m an Ethiopian.
EAL belongs to Ethiopians, are you Ethiopian? TPLF is anti-Ethiopian Shabia servant what does it have to do EAL?
Slow down moron don’t get to excited!!
@WEPE i think i got your point about aig who was in serious financial bankrupt four years ago along with fani mae and fredi mack.But how ever AIG have unlimited amount of money backed by the u.s government.I think doing business with Aig now is safer than ever before.As far is the ceo of EAL he is a very smart person ,lets give him time to prove him self.
@Agazit Woman,thanks for your support.Your love,adoration to Tigray people ,ethiopians have inspired me and my families greatly.You are one tigress Tigray woman with unwavering stand on various issues.I am certain you have inspired many young tigreans who happen to read your informative comments.Love & Respect to you from our family.
Keep in mind this is 21st century meaning the norther lions century and we must have enjoying the achievement of Ethiopian airlines for the fast growth.Remember the dededb Mahayim Mengistu Hailemariam has kept or I would say hold hostage the airline as of his own private jet and no way to grow. Mengistu was in power for 17 years but the airlines never grow from 7 air plane to no where not even 8 plane for 17 years.
Don’t mention the feudal Hail Selassie done nothing but looted the country worthy taking to Swiss banks.
When EPRDF marched Addis ababa,Ethiopian air lines have only seven stinky rotten very very old planes. Once they fall to the hands of northern loins, they started grow and grow and growing keep growing.
We have witnessed that the last 20 years from seven plane to 52 modern very latest planes. Done’t forget the most technological advanced plane"The dream liner”
Thanks to the Tegadelity Tigray whom given their precious unrecoverable their life to bring what we see today in Ethiopia.
Thanks our fallen heroes!!
I see you were crying on nazret.com seven years a go and you’re now still shitting seven years back.
Genbot seven people when can you lean from your mistakes? if I were you I would jumped to the Golden bridge once and for all end of it!!
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