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ASKY Airlines Makes Record Profit in 2015 Despite Challenges

Chidozie Uzoezie


ASKY Airlines, the regional airline business of the West African economic bloc ECOWAS, has made net profit of $4 million, managers of the airline, Ethiopian Airlines has said.


Citing the International Air Travel Association (IATA), Ethiopian said ASKY achieved this remarkable result when in 2015 all African airlines together made a loss of $700 million.


The CEO of ASKY Airlines, Henok Teferra was quoted as saying, “This remarkable result validates the success of our business strategy; the commitment and hard work of my colleagues, and the exemplary pan-African strategic partnership with Ethiopian Airlines.


Despite the daunting challenges of the operating environment in West and Central Africa characterized by much higher operating costs than in other regions and the decline in travel demand due economic slowdown triggered by a sharp fall in commodity prices, we were able to successfully navigate thru these difficulties and attain a historical result.


This achievement encourages us to pursue our current growth plan with the introduction of new fleet and the start of long haul destinations, with a view to better serve the travel needs of the region thru our main hub in Lomé.”


The airline, which has been operating for some six years, announced that it carried two million passengers after five years of its operations in West and Central Africa.


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Comments (43)

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21 sept. 2022

We just booked our QATAR 🇶🇦 HÔTEL yesterday for 2 différent short stars of 2 nights and 3 nights for the Final… https://www.14sb.com/fifa-world-cup-hotels.html . Not exactly cheap but ok price for 4.5 Stars luxury and in Doha Center City! Thanks and Good Luck everyone! Vamos MEXICO!

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30 sept. 2022

Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.

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kasarokcaesar
24 oct. 2022

Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.

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10 nov. 2022

Hi, I'm Lucy. Please how do I embark on my travel/ tour business. I am newbie and help..

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18 nov. 2022

Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.

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04 déc. 2022

Good location astounding but the staffs are rude and they make me wait so long for the service. They charge me more than what is on the website and did not refund me the manager is not helping with the issue


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15 déc. 2022

WoW. Amazing Review. 👍

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07 janv. 2023

I spent the holidays here, I don't know why but during the holidays their reception smells like a piss Id rather not spend my special occasions here

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07 août 2023
En réponse à

Where is here.

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27 janv. 2023

Thank you for sharing such a detailed review about ethiopian airlines in your post. I am an avid traveller and keep reading flight reviews to assess the options available. Your review particularly drew my attention because you have shared so many pictures to capture every aspect of the flight experience. It is a very nice effort.


More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html

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27 févr. 2023

I am really tempted to book the next ethiopian airlines ticket and relive your journey. The pictures shared with the post also reflect that you truly enjoyed the travel. Great post! I also like the fact that you have covered nuances about the food and entertainment service through the pictures. It helps people know what to expect on their travel by this airline.


More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html


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