Flying to Tokyo

Pioneering African Aviation since 1946:
Past, Present & Future1946:

1st scheduled flight to
Cairo with DC-47

1958
1st Flight to Frankfurt

1998:
Launch of Transatlantic
flight to US
2010:
1st African
B777-200LR
2011:
Star Alliance member

1960:
1st East-West Africa
flights
1962:
st
1 jet service inAfrica

1984:
1st African B767

2012:
Only direct connection
between Africa & Canada
2012
1st African B787
2013:
Only connection between
Brazil & West Africa
2016:

1st African A350

Key Facts
Founded1945 with support of TWA

Passengers

6 million passengers

Fleet

66 aircraft (7 years av. age)

Main Hub

Addis Ababa• 2nd Hub• 3rd Hub

Togo - Lomé
Malawi - Lilongwe

Destinations

International - 82
Domestic – 18Employees+ 8000Ownership

100% Ethiopian Government

Weekly Flights+ 1330 – Weekly flights+ 200 – Daily departures

Global AllianceStar Alliance Member

Africa: Last Frontier of Globalization•

1 billion young population•

2nd fastest growing continent•

60% of world’s uncultivatedChinaarable land•

Untapped resources: 42% of world’s gold; 12% oil;
90% diamond, etc…

•Best solution for possible food & fuel crisis in theworld•

Fast growing middle class for consumer market

Ethiopia Roaring!

One of the Fastest Growing Economy in the World
Growth & Transformation• GDP: +11%

(2010-2015)• Infrastructure development:- Road: 64,500 km- Rail: 2395 km- Energy: 10,000 MW- Telecom: 50 million mobile users• Addis: 2nd city in Africa to have city trainservice• Significant improvement
development index

inhuman• Broad based & all inclusive economic
development

Fast Growing Africa-Japan Economic Relations• Japan’s investment into Africa was $ 6 billion
in 2012• Japanese Official Development Assistance toAfrica averaged about $1.8 billion per year
between 2008-2012• Japan pledges $32 billion aid for Africa toboost investment• 25 billion $ worth of trade between Africa &Japan in 2012 & growing• Japan supports Africa in developing humancapital for private companies & in management
strategies

Growing Traffic Flow between Africa & Japan• Total traffic flow between Sub-Sahran
Africa & Japan: over 100,000 annuallyroundtrip• Majordestinations
between
SubSaharan Africa & Japan: South Africa,Nigeria, Kenya, Tanzania, Uganda,Senegal, Angola, Ghana, Ethiopia

Source: PaxIS, traffic estimate between March 2013-’14

Japan: The Land of Rising Sun• 3rd largest economy in the world• Home to the largest technologicallyadvanced producers of motor vehicles,
electronics, machines and chemicals• Eye-catching cultural, historical &architectural marvels• Strong air connectivity in Asia thanks toANA

Connecting Africa & Tokyo using B787:
Ultimate in On-Board Comfort• Ethiopian Airlines will operate three weekly
flights to Narita International Airport using B787
• Narita airport considered as the sky-gatewayof Japan• 35.4 million passenger handled in Narita
airport in 2013
• B787: Ultimate in on-board comfort
Higher cabin humidity

Lightening adaptable to outsideenvironmentIndividual IFE in economy class

Environmentally friendlyAll Nippon Airways: Strong Partner in Asia
• Ethiopian Airlines and All Nippon Airways arelaunch customers of the technologically advanced
787 aircraft• Both airlines are Star Member Carriers offering
seamless and convenient connectivity options
between Africa and Asia

• Ethiopian ShebaMiles and All Nippon Airways
Frequent Flier Program have a Star Alliancepartnership allowing their frequent flyers to enjoy
privileges in both airlines• Strengthen commercial partnership

Largest Network of Any African Airline

5 Continents; 82 International; 49 African & 18 Domestic Destinations

Addis Ababa:
Soon Best Gateway for Japan to Africa thru the AU HQ

Shortest &Most Efficient
Connection with Africa
10th destination in Asia
• Narita: Gateway toJapan & Asia
• With ANA: seamless& convenientconnectivity options

Star Alliance:
Seamless & Convenient Global Connection

Connecting Earth: Leading global network,
Serving +1,200 airports & 193 countries!

Most Convenient Connection between Japan & Africa

Departure atnight from Tokyo

Arrival in morning in Addis

Immediate connection to49 African destinations

Most Convenient Connection between Africa & Japan

Arrival inafternoon inTokyo

Connecting in evening in Addis

Departure in afternoon
from 49 African destinations

Fast Growing & Modern Fleet
7 - B787-8
2 - B777-300 ER
6 - B777-200LR
12 - B767-300
4 - B757-200
5 - B737-700NG
10 - B737-800W
13 - Q400
2 - B777F
2 - B757-260F
2 - MD-11F

66
in service

On order:14 - A-350
32
8 - B787-800s
on order4 - B737-800
2 - B777-300 ER
4 - Q-400
4 - B777-300 F+ Narrow body aircraft under evaluation

Largest Cargo Airline in Africa
Freighter Network: Africa (15), Gulf, Middle East & Asia (7), Europe (2)•••Ethiopia: major exporter offlowers; looking for new markets
Ethiopian: ready to support
Ethiopian flower exports toJapanese market
7 dedicated freighters (B777LR F)

Fast, Profitable & Sustainable Growth
2003/04 – 2012/13
Revenue Grew more than 530% in 10 years in USD
2.07

2012/13

1.92

2011/121.50

2010/11
2009/10

1.27

2008/091.231.10

2007/08

0.76

2006/070.61

2005/06

0.49

2004/05

0.39

2003/04
0500

1000

1500

2000

2500

Continued Fast, Profitable & Sustainable Growth
2012-13 Performance: Fast, Profitable & Sustainable Growth
Capacity (ASK):+15%

Passenger carried: 5.5 million
Available Ton Kilometer(ATK):+13%+13%

Op. Revenue: 2.1 billion USD
Operating Profit: 110 Million
USD

+14%
+165%

Our Vision 2025
Leading Airline Group in Africa

How can wemanage
processes through
OurVision our2025:
Bringing Africa
Together & Closer to the Worldtransformation?????
• 10 billion $ revenue (2.1 billion $ currently)• 1 billion $ profit• More than 100 international & 26 domestic destinations (82 internationalcurrently)• 140 aircraft (66 aircraft currently)• 18 million passengers (6 million currently)

StrategicGoals• 820,000 tons of cargo (200,000 tons currently)• 17,000 employees

Leading Airline Group in Africa with 7 Profit Centres

Overarching Strategies: Vision 2025
• Fast, profitable & sustainable growth with strong synergy among
business units• Cost Leadership
NetworkNew & modern fleet
Labour cost
Operational excellence•

4 Star airline with 5 star service delivery- African flavoured Ethiopian hospitality• Multi-hubbing in Africa- One brand with multiple products (hub-spoke)- Transformation to Aviation Group with 7 SBUs

Multiple Hubs: Necessity for continent bigger than

USA - China - India - Europe - Mexico - Japan Combined!

• 2nd Hub: Lome with ASKY
• 3rd hub: Lilongwe withMalawi Airlines• Multiple gateways:

Filling the void; availing critical air connectivity

New Business Model
Diversified Aviation Business Model
Ethiopian Airlines Group with 7 Business Units
Ethiopianinternational
Services
Ethiopian
Regional
Services

EthiopianCateringServices

EthiopianCargoServices

EthiopianAirlinesGroup

Ethiopian
GroundServices

EthiopianAviationAcademy

Ethiopian
MROServices

Aviation Academy
EASA & FAA Certified- Pilots Training School- Aircraft Maintenance Technicians School- School of Marketing & Finance- Cabin Crew Training School- Simulator Training• For B737, B757 & B767
• Q-400• Soon B787 & B777
-1,000 Trainees in-take annual capacity
4,000 annual in-take capacity by 2025

Maintenance Base
• Complete maintenance package on Boeing & Bombardier models
 Complete routine checks per manufacturers planning dataor customized package Avionics Installation (New/Upgrades) Extensive structural repairs & modification work
• Complete Repair, Modification, Overhaul and Testing:
P & W Models : PW127,PW121 and PT6
CFM Model: CFM 56-3/7
APUs: GTCP331-200Modular Maintenance:
P & W Models: PW4000 & PW2000
Engine Performance Test
Special Process Shops:(machining, electro-chemical plating, welding, plasma spraying &vacuum furnace heat treatment)

4 Pillars of Our Vision 2025
1. Fleet: Current Orders of 32 aircraft- B777s; A350s; B787s; B737s; Q-400s
2.

Infrastructure- New cargo terminal:1.2 million tons capacity- New MRO hangar- Addis Airport expansion (250 million $)3. HRD- Academy expansion: curriculum & in-take- 4,000 trainees annual in-take capacity: 80 million $ investment- Additional investments in Pilot training: Q-400 simulator; B787 Simulator;

4.

Systems:- ICT, Policies, Procedures & Processes: 32 million $ investment

9 Prestigious Awards in 2013
• “African Airline of the Year” Award fromAfrican Airlines Association (AFRAA) on
November 26, 2013
• Africa’s Best Business Class Airline byChinese passengers at the 9th Annual
Best Travel Media Award ceremony held inBeijing, China• SKYTRAX “Best Staff Service in Africa”, Paris 2013

• Passenger Choice “Best Airline in Africa”,Anaheim, California, Aug. 2013
• Ethiopian Airlines CEO Tewolde Gebremariamwon 2013 Airline Strategy Awards for Regional
Leadership on July 14, 2013.

9 Prestigious Awards in 2013
• “Customer Service Leader”, Service Quality
Institute's Worldwide in Istanbul Turkey on October,2013• “African Airline of the Year” at 9th Travel Market,
AKWAAB, meeting in Nigeria at Eko Hotel Convention
Centre on 27 October 2013•

“Best Cabin Crew in Africa” at 9th Travel Market,AKWAAB, meeting in Nigeria at Eko Hotel Convention
Centre on 27 October 2013

• 2013 Planet Africa Professional Excellence Awardon 2 November 2013 during a ceremony held at theInternational Centre in Toronto, Canada

Fly Ethiopian• Fast & efficient connections to 49 African cities every day• Convenient schedules – to any of African destinations of your choice• New, modern & latest technology fleet• Award–winning cabin service• Safe, reliable & comfortable service• 70 years of proven experience in serving customers

Fly Ethiopian
One Stretch Flight from Japan to Ethiopian Tourism Destinations
GondarHarar

Axum

LalibelaFly Ethiopian
One Stretch Flight from Japan to African Tourism Destinations
Zanzibar

Serengeti

Johannesburg

Kilimanjaro

Arigato
ありがとうございます。