Tag: Etihad

What Future For Airberlin Technik?

Reading Time: 2 minutes As Air Berlin slips into bankruptcy following the withdrawal of financial support from main shareholder Etihad, the fight over its carcass begins. Many expect Lufthansa to pick up a substantial part of the carrier’s airline business, based on reports emanating from the stricken carrier. “Negotiations with Lufthansa and other partners regarding the acquisition of business […]

UAE And India Agree To Aviation Capacity Talks

Reading Time: 2 minutes The UAE’s General Civil Aviation Authority is expected to hold talks with its Indian equivalent in October with the aim of securing new capacity and routes between the two countries. The emirates is proposing talks on October 3 and 4 following an agreement to setup a meeting between the two authorities by the UAE’s ambassador […]

Resurging African Economies See Etihad Boost Capacity

Reading Time: 1 minute Etihad has announced it will add seven flights per week to both Cairo, Egypt, and Lagos, Nigeria, on the back of growing numbers of tourists from the continent. “Cairo is the largest point to point market from Abu Dhabi enjoying an increase in tourist traffic to Egypt,” says Mohammad Al Bulooki, Etihad Airways Executive Vice […]

Middle East Airlines To Spread Wings Again As Laptop Ban Ends

Reading Time: 4 minutes Middle East carriers displayed an eight-year low drop in demand over the course of May, partially because of the ban on carry-on electronic items on direct flights to the United States from 10 airports in the region, according to the latest global passenger traffic figures from the International Air Transport Association (IATA). According to the […]

Etihad Backed Alitalia Might Have Found A Saviour

Reading Time: 1 minute Europe’s largest airline by passengers has said it would invest in struggling carrier Alitalia if it would receive a majority stake in return. Etihad backed Alitalia entered administration in May after staff rejected a last minute restructuring deal that would have shed thousands of jobs but freed up enough cash for the airline to remain […]

Airberlin Insists Its Business Is Doing Better Than Earlier

Reading Time: 1 minute Airberlin is on a path to recovery and should be able to show results soon, the airline’s CEO Thomas Winkelmann has said in a statement to the press. “We had made a preliminary application for a surety as part of management’s pre-emptive strategy of investigating all restructuring options for airberlin. However, we have at no […]

Qatar Airways’ Loss Could Be Emirates’ And Etihad’s Gain

Reading Time: 2 minutes Besieged by a lack of airspace after being shut out of neighbouring Gulf countries last week, Qatar Airways is having to take unsustainably long routes to continue on long-haul network commitments. Flight radar graphics show its B777s enroute to Sao Paolo stopping in Athens because they can’t carry enough fuel to fly nearly 17 hours […]

Etihad Airways Expands Boeing 787 Network In Europe

Reading Time: 2 minutes Etihad Airways announced plans to boost its European Dreamliner network with the deployment of Boeing 787-9 aircraft to Amsterdam and Madrid. The 299-seat Dreamliners will be introduced on year-round scheduled services to Amsterdam from 1 September, and to Madrid, effective 1 October, joining Düsseldorf and Zurich as the airline’s other European Dreamliner services. The 787-9 […]

Air Berlin Suffers 1Q Losses Of Almost €300 Million

Reading Time: 1 minute Air Berlin (AB, Berlin Tegel) suffered first quarter losses of EUR293.3 million (USD328 million), an increase of 60% on losses for the same period last year. Its first quarter financial results, published this week, also show that revenue was down EUR87.5 million (USD98 million) to EUR649.6 million (USD726.5 million) for the quarter. According to Air […]

Lufthansa Could Buy Airberlin, If Abu Dhabi Bails It Out

Reading Time: 2 minutes Lufthansa has put the ball squarely in the Abu Dhabi governments court, saying its ties with Etihad could grow ever closer, if the government wants. Germany’s biggest and Europe’s third biggest airline CEO was in Abu Dhabi last week, the second time in four months. This time he was part of the delegation visiting with […]