Ethiopian Airlines has signed a memorandum of understanding with Aerosud Holdings, a South African Aerospace Manufacturing company, at a ceremony held at Ethiopian Headquarters on July 15, 2016.

The MoU is aimed at establishing a joint venture Aerospace Manufacturing company that manufactures and supplies various aircraft parts to Boeing, Airbus and other Aerospace companies.

The manufacturing facilities, that will be set up in due course, are expected to be located in the vicinity of Bole International airport for good reasons of economy of scale and ease of import/export transportations.

In a feasibility study to determine potential areas of manufacturing, Ethiopian has held rigorous discussions with Aircraft manufacturing companies such as Boeing, Bombardier and other aerospace manufacturing companies.