Kolkata, Aug 14 (IANS) Ethiopia is keen to attract Indian investment in energy and other sectors and is considering a direct Ethiopian Airlines flight to connect Kolkata with the east African nation.
'We are a member of COMESA (Common Market for Eastern and Southern Africa) and Indian companies can explore opportunities in coffee, tea, cotton, horticulture, leather, textiles, paper products, building materials and mining sectors in Ethiopia,' Ethiopian Ambassador to India Gennet Zewide said at a seminar on India-Africa project partnership, organised by the Confederation of Indian Industry (CII) here.
Ethiopian Airlines, which operates flights from New Delhi and Mumbai, plans to include Kolkata in its India operations, she said.
The envoy said Indian companies could take advantage of Ethiopia's treaties with European and American countries to access their markets by setting up a base in her country.
She said 180 Indian companies with a total investment of $380 million were already operating in Ethiopia.
Gas Authority of India (GAIL) recently bid for an oil well in eastern Ethiopia while another Indian company, Kirloskars, has also expressed interest in the irrigation sector, Zewide said.
Ethiopian Airlines chooses GEnx engine Cincinnati Business Courier - July 27, 2006 Ethiopian Airlines has purchased GE Aviation's GEnx engine to power its fleet of 10 Boeing 787 Dreamliners.
The order is valued at $330 million. Delivery is scheduled to begin in 2008.
Ethiopian Airlines will be the first in Africa to fly the GEnx-powered Dreamliner, Roger Seager, GE Aviation's vice president of sales said in a news release.
The GEnx engine is the sole jet engine with a front fan case and fan blades made of composites, which provide for greater engine durability, weight reduction and lower operating costs.
GE Aviation, based in Evendale, develops and manufactures jet engines for commercial and military aircraft. It is a unit of General Electric (NYSE: GE), headquartered in Connecticut.
Ethiopian Leasing Two Boeing 777 for Five Years August 8, 2006
Pressured by unexpected surge in passengers, particularly those flying to and from North America, Ethiopian Airlines has been forced to scout for additional aircrafts. Its management is under negotiations with Varig, a Brazilian Airline and member of Star Alliance, to acquire two Boeing 777 airplanes through a long-term lease.
Varig Airlines has been flying the skies of Brazil since 1927. It now has a fleet of 81 aircrafts, boasting Boeing 727, 737, 767 and 747 airplanes as well as DC-10 equipment, according to its website.
Although leasing aircraft is not a new practise both for airlines and constructors, it will be the first time Ethiopian enters an agreement for a period of five years, assuming the deal is concluded successfully. One of the airplanes is expected to arrive in a month, when one of the two aircrafts leased from World Airways for the summer gets returned, according to sources with the airline.
Airline officials say, Ethiopian is entering this negotiation due to a gush in passengers this year, especially during what is summer in the United States. The airline is fully booked for August with passengers to and from North America due to the higher number of economy class passengers coming to Ethiopia, for the Ethiopian New Year, said officials from the booking services of the airline.
The number of passengers is consistently growing. Ethiopian carried 1.77 million passengers from July 2005 to June 2006, an increase of 14pc from the previous year.
Kagnew Fisseha, Ethiopian's chief of Public Relations Department, attributed the increasing number of passengers to the season.
"Summer is usually the peak season for airlines all over the world," he told Fortune.
Currently Ethiopian is ranked alongwith South African Airways and Kenya Airways as the three best Airlines in Africa. Technologically too it has kept abreast with the latest technology being the first African airlines to order the 787. It has close technical links with Germany's Lufthansa.
Apparently, the route (CCU-ADD) makes no sense...connecting to US or Europe via ADD is a long way from CCU. But I would guess they will try to fly ADD-CCU-PEK (Beijing) instead of ADD-DEL-PEK (which they are currently doing 3 times a week). With Air China, Air India & China Eastern or Southern's (not sure though) upcoming flights competeing on that route, it makes good sense for ET to move to CCU and provide a direct link to China (demand for which is growing day by day, especially after Nathula pass opened up).
There also may be little traffic for NBO, LOS & ACC from CCU.
I cannot say much about the traffic from CCU to ADD but definately there is growing demand on the CCU-China route.With a lare Chinese population in Kolkata there is a significant VFR traffic.Its high time that somebody starts direct services from Kolkata to China. If Ethiopian can realise that whate are our airlines AI and IC doing. Wake up guys,stop concentrating only on BOM and DEL.
I also believe that there is enough traffic between CCU and China (including HKG). Somewhere read that China Eastern was planning CCU - Kunming connection. But the reality is that you need a strong & mature airline who will invest on the route to develop, not to withdraw service after a few months citing low Pax numbers. At present, China bound passengers from CCU have to go via either BKK or SIN (adding 2.5-4 hours of extra flying time).
Talking about HKG, the best could have been if CX started CCU-HKG, that would have given excellent connection for CCU passengers to the whole west coast of US & Canada. But I guess the bilateral is the roadblock.
I think you may be right. Despite CCU being one of the stations CX is allowed to touch in India the number of seats seats seems to be the roadblock.Currently the total no. of seats allowed every week in both directions is absorbed in CX flights to BOM and DEL. Whenever the bilaterals are re-negotiated I think CX may start the CCU sector very quickly. Traffic volume is definately there.