The airline said 149 passengers and eight crew members were believed to be on flight ET302 from the Ethiopian capital to Nairobi in Kenya.
It said 32 Kenyans, 18 Canadians, eight Americans and seven British nationals were among the passengers. The crash happened at 08.44 local time, six minutes after the months-old Boeing 737 Max-8 took off.
Speaking on the accident the, Ethiopian Airlines Group CEO, Tewolde Gebremariam, who was at the scene of the crash expressed deep regrets, that there were no survivors.
He expresses his profound sympathy and condolences to the families and loved ones of passengers and crew who lost their lives in this tragic accident.
The Boeing 737-800MAX is the same type of plane as the Indonesian Lion Air jet that crashed last October, 13 minutes after takeoff from Jakarta, killing all 189 people on board.
The last major accident involving an Ethiopian Airlines passenger plane was a Boeing 737-800 that exploded after taking off from Lebanon in 2010, killing 83 passengers and seven crew.