Ethiopian Airlines CEO Tewolde Gebremariam has taken early retirement so that you can cognizance on clinical treatment.
According to a declaration through the flag service, Gebremariam has been underneath medical treatment in the US for the remaining six months, and is not able to oversee “a obligation which needs closer presence and full attention round the clock”.
Tewolde led the airline for over a decade because it swiftly elevated its fleet and routes to turn out to be the largest carrier in Africa.
Prior to the pandemic, the fleet grew from 33 airplanes to a hundred thirty airplanes and from 3m passengers to 12m passengers. During Covid-19, plunging passenger numbers led Gebremariam to cognizance on changing passenger planes to air freight services in a bid to maintain the airline’s fleet inside the air.
“Mr. Tewolde led the airline for over a decade with outstanding success pondered in its tremendous overall performance in all parameters which includes but now not restrained to exponential growth from $1bn annual flip-over to $four.Five billion. Under his leadership, the airline group has grown by using 4 fold in all measurements,” a assertion from the country-owned airline said.
Tewolde also led the organization via the difficult aftermath of the Ethiopian Airlines Flight 302 crash in March 2019. The crash of the Boeing 737 Max shortly after takeoff from Addis Ababa Bole International Airport killed all 157 people on board. In a legal agreement with families of the sufferers, aircraft producer Boeing admitted complete responsibility for the crash.
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