Ethiopian Airlines buys five airplanes from Boeing – Aviacionline

Ethiopian Airlines has reached a financing agreement with Citigroup for the acquisition of five new Boeing aircraft: three 737-8s and two 777Fs. The total amount of the transaction is $450 million.

Citi’s partnership with Ethiopian Airlines spans over 45 years. This loan marks Citi’s largest aircraft financing in Ethiopia in the last decade. It not only supports the bank’s strategic initiative to increase its presence in the region but also aligns with the airline’s ambitious growth…