Africa’s second most populous country, which was ranked the third-poorest in the world in 2000, has seen a meteoric rise through state spending on roads, giant dams and industrial parks. Ethiopia’s services sector has also contributed significantly towards rapid growth. With an annual GDP per capita of USD 80 billion, it is miraculous that Ethiopia has seen poverty rates fall to 31% in less than a decade, making it among the top three fastest growing economies of the world.
With a view to provide affordable corporate jet services, US-based aircraft manufacturer, Cirrus Aircraft launched Vision Jet, valued at AUD 2.62 million. In the category of very light jets, Cirrus claims it’s the cheapest corporate jet available on the market as the average market rate of Business Jets is around AUD 16 million.