Business News of Tuesday, 13 June 2017

Source: dailyguideafrica.com

Ethiopian airways to open cargo terminal

Group CEO of Ethiopian Airlines, Tewolde GebreMariam Group CEO of Ethiopian Airlines, Tewolde GebreMariam

Ethiopian Airlines has announced it will inaugurate its state-of-the-art Cargo Terminal-II during the Second ICAO Global Air Cargo Development Forum, which it’s hosting from 27-29 June, 2017.

Covering a total area of 150,000 meters square area of land, the new Cargo Terminal includes facilities such as Dry Cargo Terminal warehouse; Perishable Cargo Terminal with cool Chain Storage; fully automated with latest technology ETV (Elevating Transport Vehicle); G+2 office building, apron area which accommodates 5 additional big freighter aircraft; sufficient truck parking apron, as well as employees canteen and wash rooms.

The new Cargo Terminal is also fitted with different climate chambers for storage and handling of temperature sensitive products such as fresh agricultural products, pharmaceuticals and life science products, among others.

Group CEO of Ethiopian Airlines, Tewolde GebreMariam, remarked: “Infrastructure development being one of the four pillars of our fast, profitable and sustainable growth strategic roadmap, Vision 2025, we have been making massive investments in infrastructure projects to modernize and expand our cargo facilities at a total cost of USD 150 million. The new Cargo Terminal-II, combined with our existing Terminal-I, will give us a total tonnage capacity of around 1 million per annum, which is the largest in the continent of Africa.”

The CEO stated that upon completion of the second phase, which adds 600,000 tones annual uplift capacity, Ethiopian Cargo and Logistics Services will have one of the world’s largest cargo terminals, a capability equivalent to cargo terminals in Amsterdam Schippol, Singapore Changi or Hong Kong.

“This investment and the resulting massive cargo facilities along with the 6 modern B-777F fleet and 2 B-757F will create adequate air cargo transporting capacity for the fast growing export and import demand of the continent, which is critically essential in the socio-economic development of African countries.”

Ethiopian Cargo and Logistics Services operates eight dedicated freighters to 39 global freighter destinations in Africa, Gulf, the Middle East, Asia and Europe with an average daily uplift of 650 tons on top of the belly hold capacity, 150 tons, to over 95 destinations globally.

Ethiopian Cargo and Logistics Services recently won ‘Cargo Airline Award for Network Development” in Brussels, ‘African Cargo Airline of the Year’ and many more.