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Ethiopian Airlines ends 2020 fiscal year with profit due to its ‘agility’

Ethiopian Airlines, which celebrates its 75th anniversary this year, is one of only three airlines in the world to have made a profit in 2020 (fiscal year ending in June).

The Covid-19 pandemic hit the aviation sector hard with global cumulative losses reaching €103bn ($125.9bn), out of which €1.6bn was incurred by African airlines.

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