Tag: Etihad Airways

Air Berlin Set To Axe Alitalia Wet-Lease

As part of the ongoing rationalization of its operations, Air Berlin will shortly discontinue a wet-lease agreement with fellow Etihad Airways equity partner Alitalia. At present, the bankrupt Italian carrier operates two A320-200s – EI-DSX (msn 3643) and EI-DSZ (msn 3695) – for the bankrupt German carrier on flights from Berlin Tegel to each of […]

Etihad Pilot Dies During Cargo Flight To Amsterdam

An Etihad Airways pilot died while operating a cargo flight from Abu Dhabi to Amsterdam, forcing the carrier to make an emergency landing in Kuwait. In a statement on Wednesday, Etihad Airways said the aircraft was diverted safely to Kuwait where a medical team was present to assist him. “Etihad Airways is saddened to report […]

Etihad Has No Plans To Sell Its Stake In Jet Airways

Jet Airways chairman, Naresh Goyal, has denied he is looking to other carriers to shore up investment in the carrier amid rumors that Etihad might be looking to drop its stake in the airline. “Our partner Etihad has no intention to exit their investment in Jet Airways. We have no plans to sell stake to […]

Airberlin To Cut All Caribbean Long-Haul Routes

German carrier airberlin, which filed for bankruptcy last month, is to close all of its long-haul routes to the Caribbean from Sept. 25 because of cuts to its long-haul fleet. On Sept. 11, the oneworld member said its entire Caribbean network will be closed, including flights from Dusseldorf to Curacao (Dutch Antilles), Cancun (Mexico), Havanna […]

Etihad’s CEO Hunt Nearly Over

Etihad Airways Group is getting to set to name its new CEO within the next few months, according to a statement by the company. “The successful candidate is expected to start no later than the beginning of 2018,” the statement read. Former Etihad CEO James Hogan departed from the company in May, with Ray Gammel […]

Air Berlin May Soon Cancel Flights As Cash Crunch Looms

Despite a government guarantee of EUR150 million, Air Berlin (AB, Berlin Tegel) may soon find itself having to cancel flights, according to German newspaper Suddeutsche Zeitung. Citing insider information, the news site says that Air Berlin will be unable to maintain parts of its network as it does not have access to revenue generated by […]

Opportunities For Women In Aviation Are Growing

Etihad Aviation Group (EAG) is celebrating its female workforce as part of the third annual Emirati Women’s Day. Women comprise 36 per cent of EAG’s nearly 26,000-strong workforce, working alongside men in what are traditionally regarded as male professions such as engineering, the flight deck and cargo. Emirati women are also well represented in these […]

Air Berlin Files For Administration As Etihad Expresses Disappointment

Air Berlin has filed for administration after Etihad Airways said it cannot continue to guarantee future cash infusions into the troubled airline. “This development is extremely disappointing for all parties, especially as Etihad has provided extensive support to Airberlin for its previous liquidity challenges and restructuring efforts over the past six years,” Etihad has said […]

Qatar Airways Reverses Decision To Buy 10% Stake In American Airlines

Qatar Airways has announced its decision not to proceed with the acquisition of a 10% stake in American Airlines, “taking into account the latest public disclosure” of the airline. A spokeswoman for the public relations firm representing the American carrier in the U.S. said it would not elaborate on what was being referred to as […]

Etihad Looses $2 Billion – Despite Receiving $1.7 Billion In Subsidies

A new analysis from forensic accountants on behalf of the Partnership for Open & Fair Skies has revealed that Etihad Airways suffered a $2.06 billion operating loss in 2015, even as the airline received $1.7 billion in new subsidies from its government. The accountants also discovered that Etihad had an operating loss of $1.4 billion […]