Ethiopian signs 12-year 777 leases with ALC

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Ethiopian Airlines has agreed to lease two new Boeing 777-300ER aircraft for a period of 12 years with operating lessor Air Lease (ALC).

The lessor will place the aircraft for a period of 12 years. Deliveries are scheduled for May and June 2015.

According to Flightglobal's Ascend online database, Ethiopian operates four 777-200LR aircraft and has a backlog for another two.