by Devesh Agarwal Etihad Airways has wasted no time in capitalising on its recent bonanza of seat quota increase under the new India UAE (Abu Dhabi) bi-laterial air services agreement (BASA). It has announced a massive increase in flights to most of its destinations in India. Specifically Mumbai and New Delhi: from 7 to 14 flights per week with immediate …Read More »
Etihad Airways, the national airline of the United Arab Emirates, announced that it has selected CFM International’s advanced LEAP-1A engine to power 26 Airbus A321neo scheduled to begin delivery in 2018. The order is valued at $2.8 billion U.S. at list price, including a long-term services agreement. To support the new fleet, Etihad has signed a 15-year Rate per Flight …Read More »
Abu Dhabi-based Etihad Airways and Mumbai-based Jet Airways today announced that they have closed the transaction of a 24% equity stake by Etihad Airways in Jet Airways. In a release they said “All requisite Indian regulatory approvals had been obtained by November 12th, 2013. Jet Airways has, on November 20th, 2013, issued and allotted 27,263,372 equity shares of a face …Read More »
Etihad Airways, of the United Arab Emirates, has announced a firm order on European airframer Airbus S.A.S. for 50 A350 XWBs, 36 A320neo aircraft and one A330-200F freighter worth $26.9 billion at list prices. The contract was signed yesterday at the 2013 Dubai Airshow by James Hogan, Etihad Airways CEO and Fabrice Brégier, Airbus President and CEO. The Airbus A350 …Read More »
Jetihad is born. Etihad buys 24% stake in Jet Airways for $379 million. To inject additional $220 million.
Etihad Airways to inject additional $220 million in to Jet Airways by Devesh Agarwal We are reproducing the official release. Our analysis of this transaction will follow next week. Jet Airways and Etihad Airways at a glance Highlights Strategic investment under FDI policy of the Government of India will deliver wide-ranging revenue growth and cost synergy opportunities for both …Read More »
The Air France-KLM Group, Etihad Airways, and airberlin will implement code-share agreements as of October 28, 2012, which will offer their respective customers more destinations. Air France, KLM, and Etihad code-shares On the routes between Europe and Abu Dhabi, Etihad Airways customers will be able to fly on the Amsterdam-Abu Dhabi daily flight operated by KLM. Air France customers will …Read More »