Ethiopian Airlines plans to build Africa’s largest airport at the cost of $5 billion.
Construction will begin by the end of the year outside of the capital city Addis Ababa. The new airport will be located seventy miles from Bole International Airport, which was upgraded last year to handle 22 million passengers.
Ethiopian Airlines Chief Executive Officer Tewolde GebreMariam told ENA the new airport will be capable of handling 100 million passengers.
Ethiopian Airlines, Africa’s largest and most profitable airline, wants to become a global player in the airline market. The carrier earned $260 million last year alone. It has a modern fleet of 116 aircraft and serves over 12 million passengers a year.
The new mega-airport will be one of the largest airports in the world.
Bole Airport will not be able to accommodate our planes. It’s a beautiful airport, and it looks enormous, but looking at how fast we are developing, it will be full of passengers in 3-4 years, said GebreMariam.
No further details are known at this time, such as the groundbreaking date, or sources of funding. It is likely that China is financing the construction, as they are currently involved in several infrastructure projects in Ethiopia.