Ethiopian Airlines Signs Lease Agreements with AerCap for Two Boeing 777-300ERSF Converted Freighters


Addis Ababa, 24 March 2026

Ethiopian Airlines, the largest airline in Africa, is pleased to announce that it has signed lease agreements with AerCap Holdings N.V. for two Boeing 777-300ERSF converted freighters. The aircraft, also known as "The Big Twin," will be the first of its type to operate in Africa, with the deliveries scheduled for Q2 2028.

Commenting on the lease agreements, Ethiopian Airlines Group CEO Mesfin Tasew said, “We are delighted to partner with AerCap to bring the first Boeing 777-300ERSF to Africa. These aircraft will significantly enhance our cargo capacity and efficiency, boosting trade in the region. As demand for air freight continues to grow, Ethiopian Airlines remains committed to investing in modern, sustainable solutions that cement our position in the global cargo market.

We are delighted to deepen our long-standing partnership with Ethiopian Airlines – the first customer to operate this aircraft type in Africa - through this important transaction,” said Aengus Kelly, Chief Executive Officer of AerCap. "With 25% more capacity than today's smaller twin-engine long-haul freighters, the 777-300ERSF delivers significant cost efficiencies and will position Ethiopian Airlines to further expand its growing cargo platform. We are proud to support Ethiopian Airlines and wish them continued success as they scale and strengthen their operations.” 

About Ethiopian

Ethiopian Airlines Group (Ethiopian) is a true African success story, transforming a visionary dream into a globally renowned reality for nearly eight decades. Operating flights to more than 160 domestic and international passenger, and cargo destinations across five continents, Ethiopian bridges the gaps between Africa and the world. Emphasizing passenger comfort and environmental sustainability, Ethiopian utilizes ultra-modern aircraft such as Boeing 737s, 777s, 787s, Airbus A350-900, A350-1000 and De Havilland Q400.

Ethiopian, the Star Alliance member airline, champions in various coveted awards including Skytrax’s ‘Best Airline in Africa Award’ for eight consecutive years, APEX ‘Best Overall in Africa’ award and ‘Leadership in Connecting Africa through Transport’ Award among others. Ethiopian aims to further excel in its success through a strategic plan dubbed ‘Vision 2035’ and become one of the top 20 most competitive and leading aviation groups in the world. Embracing a Pan-African spirit, Ethiopian is pursuing multi-hub strategy through hubs in Lomé, Togo with ASKY, in Lilongwe, Malawi with Malawi Airlines, in Lusaka, Zambia with Zambia Airways, and in Kinshasa, Democratic Republic of the Congo (DRC) with Air Congo.

For more information, visit our website at  www.ethiopianairlines.com  email us at CorporateCommunication@ethiopianairlines.com , or call us at (251-11)517-8913/8165/8907.