Ethiopian Air said to plan US$3b deal for Airbus A350s
Ethiopian Airlines Enterprise plans to buy 10 Airbus A350 wide-body jets in a transaction worth more than US$3b at advertised prices, according to people familiar with the plan. The deal is set to be announced this week at the Paris Air Show, according to the people. Ethiopian will take the mid-sized A350-900 version of the plane, which has a list price of $311m, according to one person. The carrier already has an order for 12 -900 variants, though it has also been looking at the stretched -1000, as well as Boeing’s rival 777-8, CE Tewolde Gebre Mariam said last year. Ethiopian Air wants more wide-body aircraft to help extend a hub-based business model that relies on transferring lucrative inter-continental travellers via its home base in Addis Ababa to and from destinations across Africa. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-19/star/ethiopian-air-said-to-plan-us-3b-deal-for-airbus-a350s
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Ethiopian Air said to plan US$3b deal for Airbus A350s
Ethiopian Airlines Enterprise plans to buy 10 Airbus A350 wide-body jets in a transaction worth more than US$3b at advertised prices, according to people familiar with the plan. The deal is set to be announced this week at the Paris Air Show, according to the people. Ethiopian will take the mid-sized A350-900 version of the plane, which has a list price of $311m, according to one person. The carrier already has an order for 12 -900 variants, though it has also been looking at the stretched -1000, as well as Boeing’s rival 777-8, CE Tewolde Gebre Mariam said last year. Ethiopian Air wants more wide-body aircraft to help extend a hub-based business model that relies on transferring lucrative inter-continental travellers via its home base in Addis Ababa to and from destinations across Africa. <br/>
