Information
East African airline will leverage more 787-9 jets to expand international networkEthiopian also completes purchase of 11 more 737 MAX jetsADDIS ABABA, Ethiopia, Jan. 20, 2026 /PRNewswire/ -- Boeing (NYSE:BA) and
Original sourceAI Summary
Ethiopian Airlines has ordered nine Boeing 787 Dreamliner aircraft to expand its international routes, responding to rising demand for long-haul travel. This order, along with an earlier commitment for 11 737 MAX jets, signals strong growth for both Ethiopian Airlines and Boeing, potentially boosting BA's market position in the aviation sector.
Sentiment Rationale
Orders from prominent airlines like Ethiopian Airlines historically lift BA stock prices due to revenue boosts and potential for future orders. Similar past events, such as orders from Gulf carriers, led to sustained stock upticks.
Trading Thesis
Buy BA as Ethiopian Airlines' order signals renewed demand in aircraft market.
Market-Moving
- Order of nine 787 Dreamliners provides a boost to BA's revenue forecasts.
- Strengthening relationships with African airlines may enhance Boeing's market share.
- Ethiopian Airlines' fleet enhancements underscore long-term recovery in aviation demand.
- Commitment to modern aircraft may lead to future expansive orders from Ethiopian Airlines.
Key Facts
- Ethiopian Airlines orders nine Boeing 787 Dreamliners amidst rising travel demand.
- Order expands Ethiopian Airlines' fleet for successful long-haul operations.
- Ethiopian Airlines now has a total of 20 new Boeing aircrafts on order.
- The 787 Dreamliner improves fuel efficiency and transport capabilities significantly.
- Ethiopian Airlines plans to enhance customer service by adopting modern aircraft.
Companies Mentioned
- Ethiopian Airlines (N/A): Largest carrier in Africa significantly expanding fleet.
- Boeing (BA): Focused on improving market position through new orders.
Corporate Developments
This news falls under 'Corporate Developments' because it concerns Ethiopian Airlines' strategic decision to expand its fleet with Boeing aircraft. Such decisions impact Boeing's sales outlook and potentially its stock performance, especially in the wake of recovering global air travel demand.
- East African airline will leverage more 787-9 jets to expand international network
- Ethiopian also completes purchase of 11 more 737 MAX jets
ADDIS ABABA, Ethiopia, Jan. 20, 2026 /PRNewswire/ -- Boeing (NYSE:BA) and Ethiopian Airlines announced today Africa's largest carrier ordered nine 787 Dreamliner airplanes as demand for long-haul travel continues to rise. Ethiopian Airlines will leverage the 787-9 jets to grow its route network, which currently serves 145 international destinations.
The airline's latest 787 purchase follows its commitment for 11 737 MAX jets announced at the Dubai Airshow. Both orders were finalized in December 2025 and boosts Ethiopian Airlines' order book by a total of 20 fuel-efficient Boeing airplanes.
"We are pleased to confirm the order for nine Boeing 787 Dreamliner aircraft to further expand our existing fleet. This order underscores our continued commitment to enhancing our fleet with modern, fuel-efficient aircraft, thereby further strengthening our customer service," said Mesfin Tasew, Ethiopian Airlines Group CEO. "We will continue to acquire more aircraft and adopt the latest technologies as part of our strategic vision to advance sustainable aviation."
Ethiopian Airlines operates Africa's largest 787 Dreamliner fleet, flying its 787-8 and 787-9 jets on intercontinental routes from Addis Ababa to high-demand destinations across Europe, Asia and North America as well as key intra-African routes spanning the world's second-largest continent.
"The 787 Dreamliner family has proven to be a game-changer for airlines around the world, and we are proud to support Ethiopian Airlines in their mission to connect Africa with the global community," said Anbessie Yitbarek, Boeing vice president of Commercial Sales and Marketing for Africa. "Together, we look forward to shaping the future of air travel with advanced, efficient and comfortable airplanes to serve their passengers."
The capacity and efficiency of the 787 Dreamliner, which reduces fuel use and emissions by 25% compared to the airplanes it replaces, enables Ethiopian Airlines to transport passengers point-to-point across Africa while accommodating cargo in the belly of the airplane for high-demand trade lanes.
Since 2011, the 787 Dreamliner family has helped airlines open more than 520 new nonstop routes between city pairs that were never previously served and carried more than 1 billion passengers.
Ethiopian Airlines operates the largest Boeing airplane fleet in Africa and has the continent's largest backlog of 737 MAXs, 777X and 787 Dreamliner airplanes.
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.
Contact
Boeing Media Relations
media@boeing.com
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SOURCE Boeing