Ethiopian Airlines leases 777Fs

(31-May-2011, Air Cargo News)--ETHIOPIAN Airlines is adding to its fast-growing freighter fleet by dry leasing two 777Fs from GE Capital Aviation Services.

The 10-year lease agreement for the new aircraft will begin when they arrive from Boeing Manufacturing in Seattle (US), at Addis Ababa Bole International Airport (Ethiopia) in September and October 2012.

Ethiopian has also ordered five 777s, two of which have already arrived; a third is expected in June. The airline is still waiting for its 10 787s. In March Ethiopian announced plans to double capacity at its Bole International Airport cargo hub.

The airline is also gearing up for the opening of a new hub in Zambia. From 1 May the carrier began flights with cargo capacity to the Chinese city of Hangzhou.

Over the last five years the amount of cargo handled by Ethiopian Airlines has more than doubled from 42,000 tonnes to 110,000.

Source: Air Cargo News

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