Ethiopian Airlines has announced that the construction of its new $12.5 billion airport project has begun. The new facility is set to become the largest airport on the African continent and its first mega-hub, with the capacity to handle over 100 million passengers annually.With the airline’s current hub set to reach maximum capacity in the coming years, this new airport project will be funded by the airline, along with a few domestic and international credit lenders. The first phase of the airport should be operational sometime in 2030.
