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Benzinga
Benzinga
Business
Akanksha Bakshi

Ethiopian Airlines Expands Its All-Boeing Freighter Fleet

Ethiopian Airlines Boeing British Airways NYSE
  • Ethiopian Airlines further expanded its all Boeing Co (NYSE:BA) freighter fleet with an order for five 777 Freighters. Financial terms were not disclosed.
  • "The addition of these five 777 Freighters into our cargo fleet will enable us to meet the growing demand in our cargo operation," said Ethiopian Airlines CEO Mesfin Tasew.
  • In March 2022, Boeing and Ethiopian Airlines also signed a Memorandum of Understanding for the carrier's intent to purchase five 777-8 Freighters.
  • Price Action: BA shares are trading higher by 1.62% at $121.34 on the last check Wednesday.
  • Photo Via Company
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