Ethiopian to Build Major Airport in Bishoftu at Cost of $5bln

ADDIS ABABA – Ethiopian Airlines group is set to start the construction of a new massive airport this year with an outlay of 5 billion USD, its CEO announced.

The new airport will be built on a 35 square kilometer of land near Bishoftu – a town 40km southeast of Addis Ababa.

Ethiopian Airlines Group CEO, Tewolde Gebremariam pointed out that the new airport is needed to take the pressure off of the Addis Abeba Bole International Airports. 

Despite the recent renovation expansion made on the airport, Bole Airport “is not going to accommodate our increasing customers” in the future, the CEO reasoned in an interview with state-run Ethiopian News Agency (ENA).

“Bole Airport is not going to accommodate us; we have a beautiful expansion project. The airport looks very beautiful and very large but with the way that we are growing, in about three or four years we are going to be full,” Tewolde said.

“And, therefore, we have now initiated a new project around Bishoftu a place called Absera,” he said.

Upon completion, the new international airport will have the capacity to handle 100 million passengers annually. 

“It is a five billion US dollars project and will accommodate 100 million passengers – this will make it bigger than Dubai airport and more or less equal to the new Istanbul airport,” he elaborated.

Last year, Ethiopian, which is Africa’s largest airlines, was able to earn 4 billion USD from transporting 12 million passengers and 432,000 tons of freighters.

Image: Ethiopian Airlines Group CEO, Tewolde Gebremariam [Photo File]