Ethiopian Airlines has lost $550 million due to Covid 19 

Ethiopian Airlines chief executive Tewolde Gebremariam said on Tuesday the airline lost $550 million from January to April because of the coronavirus outbreak, according to Reuters. “Due to coronavirus the airline is working at only 10% of its flight capacity and so far, we have lost $550 million,” Tewolde told reporters during a briefing in Ethiopia’s capital Addis Ababa. Despite having suspended 91 out of 110 of its passenger flight destinations, Gebremariam said the company would not lay off any of its employees. “Ethiopian airlines has not laid off any employees and has no plan to do so,” he said.