Ethiopian Airlines, Africa’s biggest airline announced a profit of $175 million in profit for the 2014/15 fiscal year. “The airline, which has been the most profitable in Africa for a couple of years now, exceeded its revenue and profit targets for the fiscal year”, Ethiopian Airlines CEO Tewolde Gebremariam said in a statement.
The airline also announced $2.39 billion in revenues for the same year that ended on July 7th. Net earnings were $169.8 million.