Ethiopian Airlines and Zela Aviation Agree to Collaborate on ACMI and Charter Businesses

November 30, 2023, Athens

Zela Aviation announces that it strategically agrees with the Ethiopian Airlines to promote ACMI (aircraft, crew, maintenance, and insurance) and Charter Availability of a 737-8 MAX unit during the Athens (ATH) Layover. Zela Aviation and Ethiopian Airlines will work closely to capitalize on the available market by using the airline’s plane layover.

Over the next few months, the two companies hope to strengthen their partnership as they jointly realize their business goals of supplying more capacity to the European market from Athens for ad hoc short-term charters as well as ad hoc ACMI needs in the market.

Ethiopian four weekly flights to Athens are operated by the B737-8 MAX. This modern Ethiopian aircraft has a capacity of 16C & 144Y passengers. The B737-8 MAX boasts a state-of-the-art interior with spacious cabins ensuring a comfortable and enjoyable experience for passengers offering an efficient and cost-effective solution for short to medium haul routes in Europe or Middle East.

Ethiopian Airlines, the national flag carrier of Ethiopia and the leading airline in Africa is based in Addis Ababa, the diplomatic capital of Africa. Founded in 1945, Ethiopian Airlines is member of the Star Alliance, the world’s largest global airline alliance. Ethiopian is equipped with a fleet of more than 147 aircraft and more than 100 on order, ranging from Q400s to B737 MAX, B777-300 ER’s, Dreamliners to Airbus. Ethiopian is also the 4th largest airline worldwide by numbers of countries served.  

Zela Aviation, since establishment in 2006, has been active in the field of aircraft wet / dry leasing, chartering and aircraft sales maintaining offices in Cyprus, Greece and the United Kingdom. Zela Aviation has and remains to provide a range of services for its clients located in Europe, Asia, Africa, North and South America. Its leading position, track records throughout the years, and complemented by its very well – trained staff, make Zela Aviation a solid and reliable partner worldwide.

About Ethiopian

Ethiopian Airlines Group (Ethiopian) is the fastest-growing airlines brand globally and the continent’s largest airline brand. In its seventy-seven years of successful operations, Ethiopian, the fastest growing airline, has become one of the continent’s leading carriers, unrivalled in efficiency and operational success. In addition to its main hub in Addis Ababa, Ethiopia, it is also pursuing its multi-hub strategy through a hub in Lomé, Togo with ASKY, in Lilongwe, Malawi with Malawi Airlines and in Lusaka, Zambia with Zambia Airways. Ethiopian commands the lion’s share of the African passenger and cargo network operating the youngest and most modern fleet to more than 150 domestic and international passenger and cargo destinations across five continents. Ethiopian’s fleet category consists of ultra-modern and environmentally friendly aircraft such as Boeing 737s, 777s, 787s, Airbus A350-900 and Bombardier Dash 8-400 double cabin with an average fleet age of seven years. In fact, Ethiopian is the first airline in Africa to own and operate most of these aircraft. 

Having achieved its strategic plan (Vision 2025) ahead of time, Ethiopian is currently implementing a 15-year strategic plan called Vision 2035 that will see it become one of the top 20 most competitive and leading aviation groups in the world by providing safe, secured, market driven and customer focused Passenger and Cargo Transport and Logistics, Aviation Training, Airport Management and Ground Services, MRO and Aerospace Manufacturing and Travel and Tourism Services. As a multi-award-winning airline, Ethiopian has been the champion in various coveted awards including Skytrax’s ‘Best Airline in Africa Award’ for six consecutive years among others. The airline has been a Star Alliance member since 2011 and has been registering more than threefold growth in the past 10 years.

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