Abu Dhabi based Etihad Airways has unveiled a new airline alliance called Etihad Airways Partners (EAP). The alliance is initially made-up of six airlines in which the Gulf behemoth has equity stakes, though it claims to offer partnership opportunities for any airline wishing to join, even if it is part of any existing alliance such as airberlin which is a …
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Air Seycelles to launch flights to Mumbai
National carrier Air Seychelles, which is 40% owned by Abu Dhabi based Etihad Airways PJSC, will commence thrice a week direct flights between Mumbai and Mah茅 commencing December 2 2014, subject to regulatory approvals. The roughly four hour long flight is expected to be operated by a two-class Airbus A320 aircraft, with 16 business and 120 economy class seats. The …
Read More »Jet Airways trims losses 39% ups revenue 17% on Etihad lifeline; to discontinue JetKonnect
India’s largest private airline, Jet Airways, trimmed its losses by almost 39% to Rs.217 crore (approx. US$ 36.17 million at an exchange rate of Rs.60=$1), in the first quarter of fiscal 2014~2015 which ended on June 30, 2014, when compared to the same period a year ago. Much of this performance increase is due to the financial and operational lifeline …
Read More »Etihad Airways announces record profits for fiscal 2013
On Monday, Middle East Big 3 (MEB3) carrier Etihad Airways announced a record $62 million net profit for 2013, up 47.6% year-over-year (YOY) from $42 million in 2012. The carrier saw total revenue grow 27.1% YOY to $6.1 billion, while expenses rose 26.9% to $6.04 billion. Total capacity as measured in available seat kilometres (ASKs) grew 16.6% YOY while traffic …
Read More »Etihad Airways signs code share agreement with Kenya Airways; strengthened ties with SkyTeam?
by Vinay Bhaskara Abu Dhabi based Etihad Airways has inked a code share with Nairobi based Kenya Airways, expanding access to second and third tier African destinations for its consumers. Etihad Airways will place its code on flights by Kenya Airways to 27 destinations across Kenya Airways’ African network. Meanwhile, Kenya Airways will place its code onto 32 onward destinations …
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