Tag: Etihad Airways

Etihad Has No Plans To Sell Its Stake In Jet Airways

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 1 minute 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

Reading Time: 2 minutes 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 […]

Etihad Airways Could Deepen Alitalia Stake

Reading Time: 1 minute Italy’s Alitalia has received around 10 non-binding offers for total or partial take-over, including from UAE national carrier Etihad Airways and budget airline Ryanair. The deadline for the loss-making company to receive non-binding offers was 6:00 pm local time (1600 GMT). Alitalia, which has struggled to compete with low-cost rivals including Ryanair, went into administration […]

Etihad Rated Among The Quietest Airlines at Heathrow

Reading Time: 2 minutes Etihad Airways has been given a top rating by London’s Heathrow Airport for its emissions and night-time noise performance during the first three months of 2017. The ‘Fly Quiet and Clean’ League Table, the first of its kind to be produced by the airport, placed the UAE’s national airline among the top carriers for operating […]