Defense force breaking news

Due to current events, several airlines have left business, and many more have had to borrow. By obtaining government loans or banks, or when selling its assets and renting them, they have added almost ten years of debt to their books as a result of the pandemic.

Because larger airlines are currently tied in cash, it is essential for airlines to take care of cash. Unfortunately, due to the current structure of the financial institution of Ethiopia, funds have been stopped for a total of around $ 60 million, putting Ethiopian airlines in a difficult position.