Ethiopia’s Aquarius Aviation to Buy Two Cessna Aircrafts

Ethiopia's Aquarius Aviation PLC concluded contract with the American Cessna Aircraft Company, to purchase two Cessna Caravan airplanes for USD 3.2. The planes which have a 39 seat-capacity are expected to be delivered within a year.

When the agreement is finalized in the coming month, Aquarius will be expected to pay 30 percent upfront, according to Frehiwot Tessema, general manager of Aquarius Aviation.

Aquarius, previously known as Aberdair, changed its name after confusion was created in the market, with people mistaking it for the Kenyan ‘Aberdair Ltd'.

“Some people thought it was a branch of the Kenyan company and Aberdair Ltd also tried to take advantage of this, by claiming that we were their branch,” added Frehiwot.

Currently, Aquarius has four chartered airplanes with up 16 seat capacity for its domestic flight services. Three of its airplanes are currently under contract for one year by differ…

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