Airlines around the world have had to resort to various cost-cutting measures, as the price of aviation fuel remains elevated.

Jet A-1 prices are up by around 30-40% in May relative to January, driven primarily by a shortage in refined product due to removal of Russian crude supply from the global markets.

On the international market, jet fuel price ended last week up 1.1% selling at US$$176.3/bbl.

Yemesrach Alemayehu, Area Manager of Ethiopian Airlines, speaking to AviationGhana on the sidelines of the just-ended Ghana West Africa Business Award, noted that internal cost-cutting measures by the Addis Ababa-based airline has enabled it to remain profitable despite the impact of the rising fuel cost and the COVID-19 pandemic.

” We own our own maintenance facility, hotel, training academy and others. We are therefore able to cut cost in-house so as to better deal with some if these external shocks to airlines,” Ms. Alemayehu said.

The largest African airline was adjudged the Outstanding Airline Brand of the Year at the 2022 Ghana- West Africa Business Award.

The largest airline is Africa that flies to over 124 counties from Ghana via its hub in Addis Ababa, was recognized for its consistent performance during the difficult period on 2021 and for its dedication to the Ghana and West African market in general.

” We are happy to have been recognized for our work and we will work to do more in the years ahead,” she said.

In Ghana, Ethiopian Airlines and Asky Airlines are all set to start Accra-Washington Flights via Lomé on June 1.

The new service is expected to provide more travelling options to Ghanaian passengers and lead to competitive pricing on the route.

“ET is pleased to introduce this direct service from Lome to Washington giving additional connective between West Africa and USA in connection with ASKY.

The Washington service is added to the daily flight we currently have to New York giving better travel alternative to USA,” Ms. Alemayehu added.