Press Release

In its commitment to match the increasing number of passengers and the expanded operation, Ethiopian Airlines has leased two PW powered Boeing 767-300ER aircraft from Deutsche Structured (DSF) based in Frankfurt; Germany. The lease agreement, signed on May 26, 2007 at Ethiopian’s Head Quarter in Addis Ababa, is for six years effective May 31, 2007. The lease for both aircraft is on dry (operating) basis. Ethiopian Airlines’ cockpit crew operate the aircraft to any scheduled destination and its cabin crew provide service on board.

The two aircraft with flight number ET-9201 were ferrying direct from Beijing, China to Addis Ababa. The first of the two B767-300ER aircraft, ET-AMF that arrived at the Addis Ababa Bole International Airport on June 01, 2007, was manufactured in April 2000 and the second one ET-AMG which arrived at Ethiopian’s home base on July 07, 2007 was manufactured in November 2000. Both aircraft are 270-seater all Economy and will be converted to a two-Class Service; Cloud Nine and Economy, accommodating 24 passengers in the Cloud Nine and 211 passengers in the Economy Class.

The arrival of these two B767-300ER aircraft fulfills Ethiopian’s current capacity requirement especially in view of its increasing number of passengers and expanded operation.

About Ethiopian

Ethiopian Airlines has recently won the 2007 Africa Business Award of The African Times–USA for its significant contributions towards the development of air transport in Africa. In September 2006 it was also awarded “African Airline of the Year” for the year 2006 by African Aviation Journal for its financial performance and overall profitability, passenger growth, route network expansion, fleet modernization, in-flight services, and overall customer care.

One of the largest airlines in Africa, Ethiopian - – made its maiden flight to Cairo on April 8, 1946. With the addition of new flight services to Bahrain, Sana’a and Abu Dhabi Ethiopian provides seamless connections to 50 destinations spread around the globe including 28 in Africa via its Addis Ababa hub.

Ethiopian Airlines has placed an order for ten 787 Dreamliners – a revolutionary aircraft with unprecedented passenger comfort. The first two of these aircraft will be delivered in September and November of 2008, making Ethiopian the first to operate the 787 in Africa.

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