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Ethiopian Airlines in 12-year lease deal for two Boeing 777-300ER aircraft

Posted 23 April 2013 · Add Comment

The US-based Air Lease Corporation has announced a lease agreement with Ethiopian Airlines for two new Boeing 777-300ER aircraft, both on lease for 12 years. The aircraft are scheduled for delivery in May and June 2015.

Tewolde Gebremariam, CEO of Ethiopian Airlines, said: “We are very happy to finalise this deal with our strong partner, Air Lease Corporation. These two new Boeing 777-300ERs are critical for our rapidly expanding non-stop long-haul routes.

“Today, our network of 72 international destinations covers four continents through our main hub in Addis Ababa, offering the most convenient connections to passengers travelling between Africa and the rest of the world.

“The introduction of these two new Boeing 777s into our young and modern fleet is part of our continuing commitment to afford our customers the best possible on-board long-haul experience.”

Kishore Korde, Los Angeles-based Air Lease Corporation’s senior vice president, added: “We are proud to expand our relationship with Ethiopian Airlines by placing two brand new 777-300ERs into their long-haul fleet. These aircraft will enhance their intercontinental operations with leading fuel efficiency and a premier passenger experience.”

Ethiopian Airlines provides services to 70 international destinations spanning four continents and is a Star Alliance Member. The Star Alliance network offers more than 21,555 daily flights to 1,356 airports in 193 countries.


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