The Ethiopian Government has established a new Aviation Holding Group with various diversified and strategic aviation business units, Ethiopian Airlines Group reveals.
Ethiopian Airports Enterprise has joined the Group to leverage the strong synergies among the group member companies which include Passenger Airlines, Cargo Airlines and Logistics Companies, the Ethiopian Aviation Academy, Ethiopian In-flight Catering Services, Ethiopian MRO Services, Ethiopian Hotel and Tourism Services.
“The group formation is a step forward to improve the competitiveness of the Ethiopian Airlines Hub by taking advantage of the proven record of fast and sustainable growth strategy,” noted Tewodros Dawit, CEO, Ethiopian Airports Enterprise.
It will upgrade customer experience at the Addis Ababa International Airport to meet global standards and eliminate waste and redundant activities.
The Aviation Holding Group’s structure will allow all the fully-owned companies to pursue shared the long-term vision and a common planning platform.
The Ethiopian Airports Company will maintain its internal autonomy, its own brand and its functions playing a vital central role of integrating the services of all stakeholders including airlines, immigration services, customs, security services, ground handlers among others to ensure global standard airport service to passengers.
Ethiopian Airlines Group CEO, Tewolde GebreMariam, said “We are all delighted that the Ethiopian Government took an important decision in paving the way for the formation of the Ethiopian Aviation Group as a holding company in line with international best practices which will enable to transform all airports in Ethiopia to upgrade their services to global standards.”
He added that seamless customer-focused service is necessary for the competitive industry as overall passenger experience is a combination of services offered both onboard their flight and at the airports they pass through.
The airports will leverage the synergy with the successful business model and strategy of Ethiopian Airlines which commands the largest share of the pan-African passenger and cargo network. Ethiopia’s national airline flies to over 100 international and cargo destinations across five continents.
The carrier is playing a leading role in contributing to the country’s economic development endeavors, export and import activities and foreign exchange earnings as it implements Vision 2025, its 15-year strategic growth plan.