Tag: Etihad Aviation Group

Etihad to Sell 38 Widebody Aircraft in a Deal Worth $1 Billion

Reading Time: < 1 minute Etihad Aviation Group has signed a definitive agreement with KKR, a global investment firm, and Altavair AirFinance (“Altavair”),  a commercial aviation finance company, on the acquisition of a total of 38 Etihad-owned widebody planes. The portfolio of aircraft sold by the national airline of the United Arab Emirates includes 16 Boeing 777-300ERs, 16 A330-200s and […]

Etihad Aviation Group Announces a New Organizational Structure

Reading Time: 2 minutes Etihad Aviation Group announced a new organisational structure and operating model, effective immediately, to deliver on its mandate as it embarks on the next phase of its transformation. The reorganisation is the next step in ensuring the group is fit for purpose to prosper as a people-focused business driven by innovation, safety and sustainability, supporting […]

Etihad, Partners to Support Nearly 425,000 Jobs in Africa in 2016

Reading Time: 3 minutes Etihad Aviation Group (EAG) and its equity airline partners will support almost 425,000 jobs and are expected to contribute $3.6 billion GDP to the African economy in 2016, as Abu Dhabi becomes a key hub for business travel both into and out of the continent. A report released by leading international research organisation Oxford Economics […]

Etihad, TUI Group Plan New Leisure Airline

Reading Time: 2 minutes Abu Dhabi-based Etihad Aviation Group and German holiday giant TUI are in discussions to create a European leisure airline group, which is expected to operate 58 aircraft on point-to-point services to key tourist markets. In a statement released Oct. 5, the partners detailed plans to combine the leisure operations of airberlin group and German carrier […]