Ethiopian Airlines signs 500 mln USD partnership agreement

Source: Xinhua | 2019-06-28

Ethiopia's national air carrier, Ethiopian Airlines (ET) announced on Thursday it has signed a 500 million U.S. dollars partnership agreement with a U.S. based firm Collins Aerospace.
In a press statement, ET said the agreement with Collins Aerospace, a firm that supplies aerospace and defense products, will last for 25 years and cover agreement to maintenance of heat exchangers, air management systems and fuel metering units on 60 De Havilland Canada Dash 8-400 turboprops.
"Within our strategic roadmap, Vision 2025, we envision making our Maintenance, Repair and Overhaul (MRO) unit, the leading service provider in Africa with revenue close to 600 million U.S. dollars," said ET Group CEO Tewolde GebreMariam.
"As ET MRO continues to rapidly expand in line with our strategy, the new partnership enables us serve other African carriers with their Q-400 aircraft maintenance needs," said Tewolde.
Ethiopian Airlines MRO unit has seen significant growth over the past decade and currently provides airframe maintenance on the Airbus A350XWB, Boeing 737/757/767/777/787, Bombardier Q100/Q200/Q300/Q400, Diamond DA40/42 NG and Cessna 172 series training aircraft, including heavy maintenance checks and modifications.
The ET MRO facility also carries out scheduled MRO checks as well as unscheduled maintenance work and winglet installations on the Boeing 767 and Boeing 737.