Ethiopian to receive First B777-300ER
October 29 2013
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Ecobank Transnational Incorporated has announced the opening of its Ethiopian
representative office in Addis Ababa.
This brings the total number of countries in Sub-Sahara Africa in which Ecobank
has a presence to 35.
A statement by the bank said the banking group obtained a licence to operate a
representative office in July 2013.
The statement said, “Via the Addis Ababa representative office, local Ethiopian
banks will be able to access Ecobank’s correspondent banking and trade finance
activities across Africa, as well as correspondent banking in Europe via Ecobank’
s affiliate in Paris, EBI SA.”
Ecobank said it would be marketing the benefits of its pan-African platform to
international and non-governmental organisations with operations in Ethiopia and
local banks, together with its leading retail product offerings, including Rapid
Transfer, the Ecobank Regional Card and the Ecobank Diaspora Account.
TRAVEL DAILY ME27 OCT 2013NEWS
Ethiopian Airlines will soon take delivery of the first of its four Boeing 777-300ERs on 7 November 2013. The B777-300ER showcases a seating
capacity of 400 passengers.
Ethiopian B777-300 ER will operate in its dense routes such as Guangzhou, Washington DC, Dubai and Luanda. The aircraft is scheduled to
serve the Addis Ababa – Luanda route three times a week, as of 10 November 2013, and three times a week on the Addis Ababa – Guangzhou
route, as of 15 November 2013.
CEO Tewolde Gebremariam said: “The B777-300 ER with its long range capability and fuel efficiency, the aircraft will be instrumental in
supporting our fast growth in our non-stop long haul routes in China and the Americas.”