Ethiopian Airlines Group’s Chief Executive Officer Mr. Tewolde GebreMariam has taken early retirement. Mr. GebreMariam has been under medical treatment in the U.S. for the last six months and will now focus on his personal health and recovery.
On Wednesday (March 23, 2022) Ethiopian Airlines announced that the company’s Board has accepted the request of the Group’s long-term Chief Executive Officer, Mr. Tewolde GebreMariam, for early retirement. Mr. GebreMariam has been under medical treatment in the U.S. for the last six months and will now focus on his personal health and recovery. Tewolde GebreMariam has led the airline for over a decade, growing Ethiopian’s revenue from $1.0 billion to $4.5 billion, expanding the carrier’s fleet from 33 to 130 aircraft, and increasing the number of passengers from three to 12 million annually (pre-pandemic).
Under his leadership, the company built over $700 million worth of vital infrastructure including Africa’s biggest hotel, a Cargo terminal, MRO hangars and shops, as well as an Aviation Academy with full flight simulators. The company’s Board will announce Mr. GebreMariam’s successor shortly. Recently, the Ethiopian Public Enterprises Holding & Administrative Agency appointed former Ethiopian Airlines CEO, Mr. Girma Wake, as the Group’s Chairman of the Management Board, so the airline remains under highly capable management.
With over 75 years of operations, Ethiopian Airlines is the fastest growing airline in Africa. The carrier commands the largest share of Pan-African passenger and cargo service and operates one of the youngest and most modern fleets in the world. Ethiopian serves over 130 destinations across five continents with a fleet of ultra-modern fuel efficient aircraft including Airbus A350s, Boeing 787-8/9 Dreamliners, Boeing 777-300ERs, Boeing 777-200LRs, Boeing 777-200 Freighters and De Havilland Canada Dash 8-400s. The airline’s fleet has an average age of seven years and Ethiopian was the first African carrier to operate all of the previously mentioned aircraft types.
Source: Ethiopian Airlines
Editor’s Note: We join the Board, Senior Management and the Whole Ethiopian Airlines Family in expressing our best wishes to Mr. GebreMariam for a full and speedy recovery.