Sat, 07-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ethiopian Airlines Signs MoU for 5 New Boeing 777-8 Freighters

    Eunniah
    By Eunniah Mbabazi
    - March 07, 2022
    - March 07, 2022
    African Wall StreetAviation
    Ethiopian Airlines Signs MoU for 5 New Boeing 777-8 Freighters

    Ethiopian Airlines signed a memorandum of understanding (MoU) to purchase five of Boeing newest air-cargo haulers, the 777-8 freighter. This is the industry’s newest, most capable and most fuel-efficient twin-engine freighter.

    According to Boeing, the 777-8F offers an almost identical payload to the 747-400F along with a 30% improvement in fuel efficiency, operating costs and emissions.

    The carrier is the second customer to announce a commitment for the freighter version of the 777X, which was launched with an initial deal for 50 aircraft from Qatar Airways in late January this year.

    The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth.

    Ethiopian’s cargo division serves over 120 destinations across the globe. According to the African Airlines Association (AFRAA), the carrier is the largest cargo provider on the continent, with 525,000 tonnes carried over 2020.

    The carrier currently operates nine 777 freighters. Its fleet also includes three 737-800 Boeing converted freighters. The airline uses the belly capacity of its passenger fleet to move cargo as well. The combined fleet of 737s, 767s, 787s and 777s has a total of more than 80 aircraft.

    Boeing seeks to bring the 777-8 freighter to market by 2027, about two years later than a A350 freighter planned by Airbus SE. Air Lease Corp became the first customer, placing an order for seven A350Fs at the Dubai Airshow 2021. Singapore Airlines, Air France-KLM and Etihad Airways are also opting for the Airbus freighter.

    See Also:

    Ethiopian Airlines Resume Flights with Boeing 737 MAX after 2019 Crash

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa