First African Carrier CEO to Receive the Award
Ethiopian Airlines, the fastest growing airline in Africa, is pleased to announce
that its CEO Tewolde Gebremariam has won the 2013 Airline Strategy Awards for Regional
Leadership on Sunday 14 July 2013 in London.
Ethiopian CEO is the first African Airline CEO to receive the Regional Leadership
award in the award’s 12 year history which is annually given out by Airline Business
Magazine, a publication of Flight Global, the world’s leading aviation media brand.
The Airline Strategy Awards for Regional Leadership is given for a management
team that has demonstrated excellence in leading a carrier, which provides strong
transport links in its geographical region. A key criterion for this award is the
successful utilization of regional markets with high operational integrity as well
as the ability to produce good growth rates while keeping a tight grip on costs.
The independent panel of judges comprised of highly respected industry professionals
including analysts and former chief executives gave Tewolde Gebremariam the award
for delivering consistent profits while developing Ethiopian Airlines’ fleet, network
and business infrastructure and, in doing so, for showing leadership in the continent.
The judges also recognized that Ethiopian success is in one of the most difficult
regional markets, where airline liquidations are all too frequent, with one saying
that Ethiopian is operating in a “difficult region”, and its achievement is "very
After receiving the award, Tewolde Gebremariam, Ethiopian CEO said, "I am pleased
to receive this prestigious strategy award which is recognition of the hard work
and special dedication of the 8,000 employees of Ethiopian Airlines. It is also
a confirmation that our vision 2025 strategic road map of fast, profitable and sustainable
growth is right and a sound one. As a truly indigenous pan-African airline, successful
execution of our strategy is enabling the airline to serve seventy five international
destinations in five continents with the aim of bringing Africa together and closer
to the world. I would like to thank the Airline Business Magazine management and
the panel of judges for selecting us for this award."
Ethiopian CEO was also recognized for Ethiopian multiple hubs strategy in Africa
with its partner ASKY airline, which operates to 22 West African destinations on
top of Ethiopian extensive network in Africa consisting of 45 points.
Ethiopian recently finalized a deal signing 49% shareholding agreement to form
the new Malawi Airlines, through which it will develop a third hub to serve Southern
Ethiopian has just successfully completed its third year of its fifteen year
strategic road-map, Vision 2025. By 2025, the airline aims to become the leading
aviation group in Africa with seven business units generating 10 billion dollars
in revenue annually.
Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its
operations in the past close to seven decades, Ethiopian has become one of the continent’s
leading carriers, unrivalled in efficiency and operational success.
Ethiopian commands the lion share of the pan-African passenger and cargo network
operating the youngest and most modern fleet to more than 75 international destinations
across five continents. Ethiopian fleet includes ultra-modern and environmentally
friendly aircraft such as the Boeing 787, Boeing 777-200LR, Boeing 777-200LR Freighter
and Bombardier Q-400 with double cabin. In fact, Ethiopian is the first airline
in Africa to own and operate these aircraft.
Ethiopian is currently implementing a 15-year strategic plan called Vision 2025
that will see it become the leading aviation group in Africa with seven business
centers: Ethiopian Domestic and Regional Airline; Ethiopian International Passenger
Airline; Ethiopian Cargo; Ethiopian MRO; Ethiopian Aviation Academy; Ethiopian In-flight
Catering Services; and Ethiopian Ground Service.
Ethiopian is a multi-award winning airline and a member of Star Alliance since
2011 registering an average growth of 25% in the past seven years.
For more information about this press release, please contact:
Manager PR & Publications
Tel: (+251-11) 517-89-07, (+251-11) 517-81-65
Fax: (+251-11) 661-14-74