Ethiopian Airlines reported a 20% year-on-year increase in full-year revenue for the 2025/26 fiscal period, reaching $9.1 billion.
The state-owned carrier, Africa's largest airline, cited robust cargo operations as a key driver, with freight volumes rising 16% to 897,000 metric tons.
The results were disclosed by the state news agency, highlighting the airline's continued expansion in both passenger and logistics segments.
The revenue jump underscores the carrier's strategic pivot toward high-yield cargo routes, which have become increasingly vital amid fluctuating passenger demand across emerging markets.
With cargo freight contributing significantly to the top-line growth, Ethiopian Airlines is reinforcing its position as a critical logistics hub connecting Africa to global trade networks.
This performance contrasts with broader sector challenges, where many carriers have struggled with fuel volatility and geopolitical disruptions.