What Happened
Multibillion Dollar Project Sees Revised Timetable Amid Financing Talks
Ethiopian Airlines has postponed the selection of contractors for its planned $12.5 billion Bishoftu International Airport from August 2026 to early January 2027. According to CEO Mesfin Tasew, bidders requested additional time to finalize bids, negotiate with lenders, and engage subcontractors. The project aims to relieve congestion at Addis Ababa International and support the airline’s long-term expansion plans. The airline is funding 20-30% of the cost, with the rest to be financed by international lenders, as reported by ch-aviation.