Ethiopian Airlines and Geven-Sky Tecno inaugurate a state-of-the-art facility for the manufacturing of Insulation Blankets for Boeing 737 MAX airplanes. Similarly, Ethiopian Airlines, Africa’s biggest Airline sets its eyes to expand its manufacturing hub in one of the industrial parks in the country.
As indicated on the official inauguration ceremony held on Wednesday September 21, 2022 in the attendance of senior government officials, diplomats, and the management team of the airlines, the two companies committed to jointly manufacture the products in Italy and Ethiopia, as a supplier to the Boeing Company.
The new joint venture company of Ethiopian Airlines and Geven-SkyTecno, named “Ethiopian Sky Technologies”, is based in Addis Ababa with primary manufacturing facility at Bole Airport. Ethiopian Airlines holds 51percent stake while SkyTecno holds 49 percent stake of the newly established company.
“As part of our vision to develop Aerospace manufacturing industry we are glad to unveil Ethiopian Sky technologies” said MesfinTasew, CEO of Ethiopian Airlines Group adding, partnership with Geven-SkyTecno takes our capability to the next level We are happy that we have gone into this tri-partite relationship with Geven-SkyTecno and Boeing and that we started manufacturing and exporting the Aircraft Thermo-Acoustic Insulation Blankets for the 737 MAX. We are keen to expand the scope of activities to other aerospace products to the mutual benefit of all parties”.
The Joint Venture focuses on delivering tailor-made solutions for Boeing 737 MAX airplanes. Products are manufactured in a multicultural environment in synergy between the African and European continent, subject to strict quality control, in order to meet the most demanding expectations of the aircraft industry.
As indicated, Ethiopian Sky Technologies is manufacturing and delivering the aerospace products in accordance with the terms of the Agreement and the stringent requirements of the Aerospace Industry. In addition to building the aerospace manufacturing capability of Ethiopian Airlines, the partnership also enhances Ethiopia’s manufacturing infrastructure and international trade connections.
Geven-SkyTecno has been contributing its process technology proficiency, manufacturing know-how as well as being responsible for speeding up the industrialization, qualification processes and training skills to the Joint Venture.
“We are very pleased to announce this joint venture with Ethiopian Airlines, with whom we are looking forward to working together,” said Alberto Veneruso, Managing Director of Geven-SkyTecno, adding, “Our manufacturing excellence combined with our expertise in process technology, industrial efficiency and world-class distribution capabilities will provide our customers with best-in-class insulation solutions.”
Ethiopian Airlines being the fastest growing Airline in Africa commands the lion’s share of the Pan African passenger and cargo network operating the youngest and most modern fleet to more than 130 international passenger and cargo destinations across five continents. The airlines is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with Seven business units: Ethiopian International Services; Ethiopian Cargo and Logistics Services; Ethiopian MRO Services; Ethiopian Aviation Academy; Ethiopian ADD Hub Ground Services, Ethiopian Airports Services and Ethiopian Express Services (Domestic).