Ethiopian Airlines places $2.1B order for Boeing 737s

Tewolde GebreMariam, CEO, Ethiopian Airlines

Ethiopian Airlines Enterprise, Africa’s largest carrier by revenue, agreed to buy 20 redesigned 737 models valued at $2.1 billion in the largest single order for Boeing (BA) Co. planes from the continent.

The order for the single-aisle Max 8, the first of four redesigned 737 models, comes with an option for an additional 15 planes, the companies said today in a statement. The Boeing model will be a key component of the Addis Ababa-based carrier’s 15-year plan to expand its business to carry 18 million passengers a year, Ethiopian Airlines Chief Executive Officer Tewolde GebreMariam said during a tourism forum in Chicago.

Read more: Ethiopian Air Places $2.1 Billion Order for Boeing 737s – Bloomberg.