Ethiopian Airlines signs $500 mn pact with Collins Aerospace

Ethiopian Airlines has signed an agreement worth $500 million with Collins Aerospace, one of the world's largest suppliers of aerospace and defence products based in Florida. The 25-year agreement covers maintenance of heat exchangers, air management systems and fuel metering units on 60 De Havilland Canada Dash 8-400 turboprops. Commenting on the partnership, Ethiopian group CEO, Tewolde GebreMariam stated, "Within our strategic roadmap, Vision 2025, we envision making our MRO unit the leading service provider in Africa with revenue close to $600 million. As our MRO continues to rapidly expand in line with our strategy, the new partnership enables us to serve other African carriers with their Q-400 aircraft maintenance needs.