Ethiopian to transform into aviation group

The Ethiopian Airlines is to implement a new restructuring program that will transform the airline into an aviation investment group. The management of Ethiopian Airlines has recently developed a 15-year development strategy dubbed “Vision 2025” aimed at making it a world class airline. A senior executive of Ethiopian, who declined to be named, told Aviation News the main objective of the development strategy is to restructure the national flag carrier into an aviation investment group which will have six subsidiary companies. The executive said Ethiopian will commercialize its different departments including the MRO centre, Cargo Service, Catering, and Aviation Academy.