Ethiopian Airlines doubled the number of passengers it flies since 2009 to more than six-million.
In 2013/2014 it made a record net profit of R1.85-billion, an increase of 54 percent on the year before that. The airline also won 10 international awards.
Over the same period African market leader South African Airways (SAA) flew 7.1-million passengers and suffered a net loss of R2.7-billion.
Ethiopian Airlines now has the largest fleet on the Continent and could, according to Centre for Aviation (CAPA), overtake South African Airways later this year in terms of passengers it carries.
Ethiopian Airlines is now twice the size it was at the start of this decade.