FlyerTalk Forums - View Single Post - ET adds CPH from 22nd May
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Old Jan 25, 2023, 3:03 am
  #4  
Goaguy
 
Join Date: Nov 2017
Location: DXB
Programs: TK Elite Plus
Posts: 413
Also, I believe LH stopped flying to ADD, which probably means more business for ET from Scandinavia now?
Besides covid-slowdown, all foreign airliners operating to Ethiopia are struggling to repatriate funds as there is a massive foreign currency shortage in ET. Same reason why EK stopped flying to Nigeria recently.
Foreign airlines based in Ethiopia must accept payment in Ethiopian Birr for trips originating from Ethiopia which leaves them with massive amounts of local currency stuck in local banks, subject to high inflation rates.
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