Ethiopia’s New Airport To Triple Yearly Passenger Capacity

Ethiopia’s New Airport To Triple Yearly Passenger Capacity

Written by Aaron Maasho | From Reuters Africa

Ethiopia will complete expansion work on the capital’s airport in 2018 to triple the number of passengers it handles from 7 million a year now and will soon pick a site for a new hub to deal with 10 times the number in future, a senior official said.

Bole International Airport, on the edge of Addis Ababa, is home to Ethiopian Airlines [ETHU.UL], the state-owned national carrier that is ranked the largest by revenue in Africa.

Less than a decade ago, the airport handled 1 million passengers a year but that rose to 7 million in 2014. Officials expect it to climb by 18 percent a year in the next few years.

“We did not expect this growth to happen in eight years. That is why we are undertaking an expansion of the airport that will serve us for the next 15 years, with a capacity about 20 million passengers a year,” Hailu Gebremariam, Ethiopian Airports Enterprise project manager for Bole, told Reuters.

Expansion work began in September at the airport, where passengers can face long queues at peak travel and transit times. China Communication Construction Company is carrying out the work at a cost of $300 million, set for completion by 2018.

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