Ethiopian Airlines Group has reported $9.1 billion in revenue for the 2025/2026 fiscal year, as the airline recorded growth in passenger numbers, flight operations, and cargo transportation.
The performance report was presented today by Ethiopian Airlines Group CEO Ato Mesfin Tasew, who described the fiscal year as a successful period despite challenges affecting global aviation.
According to the report, Ethiopian Airlines transported 20.7 million passengers during the year, representing a 10% increase compared to the previous fiscal year. The airline operated 8% more flights year-on-year, reaching 96% of its annual target.
The airline also expanded its network during the fiscal year, increasing international destinations to 150 after adding four new routes, while domestic destinations grew from 22 to 25.
Ethiopian Airlines added nine new aircraft through purchases and leases during the year, supporting its continued expansion strategy. Cargo operations also recorded growth, with cargo volume increasing by 16% compared to the previous fiscal year.
However, Ato Mesfin noted that the airline fell slightly short of some targets due to external challenges, including disruptions related to the Gulf crisis, aircraft availability constraints, new US travel restrictions, reduced Africa, North America travel demand, and travel limitations affecting some African countries.
He said the airline canceled around 10 flights to Gulf destinations due to the crisis, which affected planned operations.
Despite revenue growth, Ethiopian Airlines reported a 25% increase in expenses compared to the previous fiscal year, mainly driven by higher fuel costs linked to geopolitical tensions.
The CEO said the airline maintained strong performance during the year while navigating rising operational costs and global aviation challenges.
Source: Tikvah Ethiopia
