ADDIS ABABA: Ethiopia's national carrier, Ethiopian Airlines is looking to boost its revenue and profits by five times by 2025, the airlines Chief Executive Officer Tewolde GebreMariam said on Tuesday. It comes as the East African airlines continues to show off its new Dreamliner Boeing 787 aircraft – the first airlines outside of Japan to begin flying them – across the region. The company is in a “fast growth" phase, “targeting annual sales of $10 billion a year by the middle of next decade from what will then be a fleet of 120 planes,” he said in an interview with BusinessWeek in Ethiopia's capital, Addis Ababa. “There is a need to reinvest profit in financing a new fleet and in new infrastructure," Tewolde said. “There's a lot of investment going on." In total, Ethiopia Airlines has ordered 10 Dreamliners, with five expected to be in service by the end of the year and the rest by 2014.
