The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 March 2011 in Tunis, a U.S.$ 40-million second lien corporate loan to Ethiopian Airlines to support the purchase of five Boeing 777-200LR passenger jets. Two years ago Ethiopian placed firm orders for five B777-200LRs valued at 1.3 billion USD at list price. Since last September Boeing delivered three of them to the national flag carrier of Ethiopia. The airline is using the new aircraft on its long haul flight services to north America and Asia. The remaining two will be delivered in April and July this

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