Ethiopian Airlines Company, Africa’s largest airline group, has inked a strategic Memorandum of Understanding (MoU) with Boeing Company to position Ethiopian as the continent’s largest aviation hub.
Building on the two parties’ seventy years of shared history in aviation, the MoU aims at positioning Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”.
Ethiopian Airlines has been named a worldwide aviation leader in the continent by Boeing. The MoU demonstrates Boeing and Ethiopian Airlines’ desire to form a world-class aviation collaboration that benefits both parties.
Ethiopian and Boeing have decided to collaborate in four important areas over the next three years to fulfill their shared vision: Industrial Development, Advanced Aviation Training, Educational Partnership, and Leadership Development. To that end, joint interdisciplinary teams have been formed to carry out the strategic cooperation, and key milestones have already been set.
Ethiopian Airlines and Boeing have collaborated on a number of projects over the years. The airline was Africa’s first operator of the Boeing 767, as well as one of the first launch customers and third operator of the Boeing 787 Dreamliner. It was also the continent’s first to operate a Boeing 787 flight simulator.
With this MoU, Ethiopian will further its Vision 2025 goal of positioning Ethiopia as the continent’s aviation center, a market in which it already has a significant lead in terms of volume and profitability.
Both companies will develop key plans to compete globally, projecting Ethiopian Aviation Academy to become one of the most recognized aviation training centers in the world.