Association at its 45th Annual General Assembly meeting held in Mombasa, Kenya.

Ethiopian was recognized for its global standard service, fast expanding network and continuous profitability, the association said.

CEO of IATA, Tony Tyler, in the presence of over 370 airline executives from 55 countries, presented the award to Ethiopian and said the flier was also recognized for the implementation of its 15 year strategic roadmap, Vision 2025, now in its fourth year.

Tewolde Gebremariam, Ethiopian Airlines Group Head on receiving the award expressed his appreciation and said the company was working to meet its “ambitious” 2025 network and fleet expansion and would exceed it.

“As a truly indigenous African airline owned, it is a special honour for us to receive this prestigious award,” he said.

Ethiopian, which had won the SKYTRAX award for “Best Airline Staff Service in Africa” and the Passengers Choice Award for “Best Airline in Africa” this year, said the airline will continue on its growth trajectory, and “attain our objective of generating $10 billion in annual revenue by 2025.”