Ethiopian Airlines coronavirus losses soar to $550m
Global airlines group IATA warns about 25-million jobs in the aviation industry are at risk due to plummeting demand
07 April 2020 - 19:42
Addis Ababa — Ethiopian Airlines CEO Tewolde Gebremariam said on Tuesday the airline lost $550m from January to April because of the coronavirus outbreak.
“Due to coronavirus the airline is working at only 10% of its flight capacity and so far we have lost $550m,” Tewolde told reporters during a briefing in Ethiopia's capital Addis Ababa...
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