August 10, 2018 / 2:16 PM / a month ago

Ethiopian Airlines net profit up in FY 2017/18-CE0

ADDIS ABABA, Aug 10 (Reuters) - Ethiopian Airlines’ net profit in the 2017/18 financial year rose to $233 million from $229 million the previous year, the state owned carrier’s chief executive said on Friday.

Chief Executive Tewolde Gebremariam told a news conference in Addis Ababa that the airline’s operating revenue rose by 43 percent to $3.7 billion in the 2017/18 financial year. (Reporting by Aaron Maasho Writing by Maggie Fick; Editing by Adrian Croft)

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