Ethiopian Airlines Stays Profitable Despite Covid-19 Travel Bans

  • CEO says cargo flights helped keep the carrier in the black
  • State airline is still set to lose almost $1 billion in sales

Photographer: Eduardo Soteras/AFP via Getty Images

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Ethiopian Airlines Group, Africa’s largest and only consistently profitable carrier, expects to stay in the black for the fiscal year that ends next week, even after the coronavirus upended the global aviation industry.