The Boeing 737 MAX 8 is the same type of plane as the Indonesian Lion Air jet that crashed soon after takeoff from Jakarta in 2018 - killing 189 people.
"It I believed that there were 149 passengers and 8 crew members on board the flight but we are now confirming the details of the passenger manifest for the flight", reads a statement from Ethiopian Airlines.
The state-owned airline, thought by many to be the best-managed in Africa, said there had been no survivors of the flight that hit the ground at about 8.45am.
Operation of the model will only resume after "confirming the relevant measures to effectively ensure flight safety", the administration said in a statement.
A list of the dead released by Ethiopian Airlines included passengers from China, the United States, Saudi Arabia, Nepal, Israel, India and Somalia.
The jetliner showed unstable vertical speed after takeoff, air traffic monitor Flightradar 24 said in a Twitter post.
Safety experts cautioned against drawing too many comparisons between the two crashes until more is known about Sunday's disaster.
Ethiopian's new aircraft had no recorded technical problems and the pilot had an "excellent" flying record, Tewolde said.
The aircraft departed Bole International Airport at 8:38 a.m. and contact was lost at approximately 8:44 a.m. local time, according to the airline. It was on a regularly scheduled flight from Addis Ababa to Nairobi, Kenya.
Tragically, all 157 people on board Ethiopian Airlines flight 302 were killed on Sunday. CS James Macharia said a team led by Principal Secretary Esther Koimett has been sent to Ethiopia.
There were 149 passengers and eight crew on board at the time. ET-AVJ had over 1,000 hours with the airline since delivery.
Boeing said it was sending a technical team to help with the Ethiopian-led investigation.
Sunday's crash, however, had "no fluctuations and all of the sudden transmission" ceased, he said.
An Ethiopian Airlines passenger plane from Addis Ababa headed to Nairobi, Kenya has crashed.
Ethiopian Airlines has also tweeted a series of emergency hotline numbers.
The crash comes as Ethiopian has been snapping up stakes in small carriers around the continent to pre-empt potential rivals and become the dominant pan-African airline.