Tag: Etihad

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 […]

Etihad’s Troubles In Europe Are Getting Worse

Reading Time: 2 minutes Alitalia’s staff rejecting a last minute restructuring bid to keep the airline afloat, has not only pushed the European airline to begin bankruptcy proceedings for the second time in a decade, but has also put Abu Dhabi-based Etihad’s European future in question. Etihad paid €560 million for its 49 percent stake in Alitalia in 2014, […]

Etihad-Backed Alitalia Forced To Cancel 60% Of Flights

Reading Time: < 1 minute Italy’s flagship airline Alitalia was forced to cancel 60 percent of its flights on Wednesday due to a strike over plans for the troubled airline to slash over 2,000 jobs, according to Arabian Business and AFP. The strike, called by several trade unions, had been expected and the company managed to offer alternative flights to […]

Etihad Cargo Boosts Freighter Fleet with 10th Aircraft

Reading Time: 2 minutes Etihad Cargo has taken delivery of its 10th freighter further boosting Etihad Airways’ fastest growing division. The addition of an A330F takes its Airbus freighter fleet to five, joining five Boeing 777 freighters that collectively serve 42 destinations worldwide. The delivery follows 12 months of sustained growth for the carrier, which launched 10 new freighter […]

Etihad Flight Diverted To Military Base Following Security Threat

Reading Time: < 1 minute A flight from Dublin to Abu Dhabi had to be diverted to military airbase due to a security threat onboard the aircraft. The Etihad Airways flight EY042 was diverted to Al Minhad Air Base outside of Dubai following a security alert. Passengers underwent security screening, as did all luggage on board. The aircraft was also […]

Lufthansa CEO Says Rapid Growth of Gulf Airlines Coming to An End

Reading Time: < 1 minute Lufthansa believes the rapid growth phase of Gulf airlines is coming to end, which could help to ease some of the pressure in a highly competitive industry, its chief executive said on Wednesday. Speaking after signing catering and maintenance deals with Abu Dhabi-based Etihad, Lufthansa CEO Carsten Spohr said there were signs Gulf rivals were […]