Tag Archives: Etihad

Etihad kicks off Dubai airshow with mamomth Boeing 777-9X, 777-8X and 787-10 order

by Devesh Agarwal From top, clockwise, Boeing CGI of Etihad 787-10, 777-8X, 777-9X United Arab Emirates’ (UAE) national carrier, Etihad Airways PJSC, kicked off the Dubai Air Show with a massive order for 56 wide-body Boeing aircraft with options to purchase for an additional 26 aircraft taking the quantity up to 82 at a list price valuation of $25.2 billion. …

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A detailed behind the scene insight on the making of the Jet Etihad deal

by Devesh Agarwal The aviation enthusiast community may not have too much respect for The Economic Times newspaper when it comes to technical accuracy when reporting aviation related stories, but hats off to a great article that goes in to the depths on how the deal for a 24% stake by Etihad Airways in Jet Airways was negotiated and struck. …

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As Competition Commision clears Jet-Etihad merger, it is goodbye Jet and hello Jetihad

by Devesh Agarwal On Tuesday, beleaguered Indian carrier, Jet Airways cleared its final hurdle in its $397 million quest to sell a 24% stake to Abu Dhabi based Etihad Airways PJSC, when the Competition Commission of India (CCI), cleared the deal paving the way for the Naresh Goyal promoted Jet to receive desperately needed cash from the deal. The Union …

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United States grants approval to Etihad-Jet Airways code share request

by Devesh Agarwal On September 4th, Etihad Airways and Jet Airways had petitioned the United States Department of Transportation (USDOT) to authorise them to code share i.e. put their marketing codes on each other airlines’ flights. Download the original petition in PDF format here or scroll to end of the article to view it and the approval letter. Etihad requests …

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Etihad Airways and Korean Air expand codeshare agreement

By BA Staff Etihad Airways, the national airline of the United Arab Emirates, has expanded its codeshare agreement with Korean Air, South Korea鈥檚 largest airline, to include six new destinations. In the second phase of cooperation, Etihad Airways will place its EY code on Korean Air services from Seoul Incheon to Honolulu, Vancouver and Hong Kong. Korean Air will place …

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Ethiad Airways increases stake in Virgin Australia to 19.9 percent

By BA Staff Etihad Airways, the national airline of the United Arab Emirates, confirmed its equity stake in Virgin Australia Holdings had reached 19.9%. This follows a series of on-market purchases of Virgin Australia shares over recent weeks. The Abu Dhabi-based airline now holds more than 515 million shares in the airline. At 19.9%, Etihad Airways has reached the threshold …

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Etihad Airways to commence Los Angeles flights using Air India 777-200LRs?

by Devesh Agarwal Etihad Airways Boeing 777-300ER Etihad Airways, the national airline of the United Arab Emirates (UAE), today announced the launch of direct non stop flights between its home base of Abu Dhabi (AUH) to Los Angeles, California, USA (LAX), from June 1, 2014, subject to regulatory approvals. The announcement goes on to say, Etihad will deploy a three …

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Analysis: Etihad announces huge increase in flights and seats between Abu Dhabi and India

Bangalore-Abu Dhabi-Chicago, Mumbai-Abu Dhabi-New York, Delhi-Abu Dhabi-Newark amongst new flights requested by Devesh Agarwal and Vinay Bhaskara Image Credit: Etihad Airways   On the back of the new bilateral air services agreement which has almost quadrupled capacity, Etihad Airways, the national carrier of the United Arab Emirates, will greatly increase both seats and flights for travel to and from India, …

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Sudheer Raghavan leaving Jet Airways?

by Devesh Agarwal The rumour mill has that Jet Airway’s Chief Commercial Officer Sudheer Raghavan will be leaving the airline soon and is expected to be succeeded by Mr. Wayne Pearce, currently the CEO of Oman Air. Pearce reportedly enjoys a good rapport with Etihad CEO James Hogan. Etihad which is in the process of completing a 24% stake purchase …

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Etihad to double its capacity to Kathmandu

by BA Staff Abu Dhabi-based Etihad Airways PJSC, double the frequency of Abu Dhabi Kathmandu service from seven flights per week to a double daily schedule from November 1, 2013. The new services will be operated by narrow body A320 aircraft fitted with 16 business and 120 economy class seats. Since the start of flights to Kathmandu in 2007, Etihad …

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Etihad Airways introduces ‘Flying Nanny’ service aboard long duration flights.

by BA Staff Etihad Airways has introduced ‘Flying Nanny’ service, a dedicated in-flight child care assistance program for families, on its long-haul flights, Identified by a bright orange apron, the Flying Nanny provides a ‘helping hand’ to families and unaccompanied minors. Video below the fold During the past two months 300 Etihad Airways cabin crew members have completed enhanced training …

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Analysis: Jet Airways to add second daily flight between Mumbai and Singapore

by Vinay Bhaskara Image Credit: Devesh Agarwal India’s largest full service carrier, Jet Airways, is adding a second daily flight between its largest hub at Mumbai, and Singapore. The second daily flight, effective 1st November 2013, will be served using 154 seat Boeing 737-800 aircraft in a 2-class configuration (16 J / 138 Y). The proposed new flights, 9W 10/9 …

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Qatar Airways confirms Dreamliner debut in India

by Vinay Bhaskara Qatar Airways Boeing 787 Dreamliner – Image Credit: Qatar Airways MEB3 carrier Qatar Airways has provided confirmation of the plans to bring its Boeing 787 Dreamliner to India via the Doha-Delhi and Doha-Bangalore sectors from September 1st. Bangalore Aviation had previously reported on the new aircraft placement via a report from Airline Route. Qatar Airways Dreamliners are …

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Jet Airways Q1 FY2013~14 performance analysis – part 1 – Financials

by Vinay Bhaskara and Devesh Agarwal Earlier this week, Mumbai based Jet Airways announced a net post-tax loss of Rs. 355.4 Crore (US $ 59.8 million) for the first quarter of Fiscal Year 2014, reversing from a Rs. 24.7 Crore net profit during the same period a year prior. Total revenues declined a whopping 12.3% to Rs. 4, 064.4 Crore …

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Jetihad deal finally clears FIPB, but still has long way to go

by Devesh Agarwal The 24% stake sale by India’s Jet Airways to Abu Dhabi’s Etihad Airways has been finally cleared by India’s Foreign Investment Promotion Board (FIPB), albeit with conditions, after the share holder agreement (SHA) was changed to incorporate the apprehensions of the government of India. One of the conditions imposed by the FIBP requires prior Government approval before …

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Your opinion: Question of the week: Is Jet Airways too financially weak? What should existing investors do?

by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing concern on the agreement to …

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Analysis: Emboldened by Etihad deal, Turkish Airlines seeks additional flying rights to India

by Vinay Bhaskara Late last week, The Times of India reported Turkish Airlines, one of the world鈥檚 fastest growing airlines in the world, wanted to more than quintuple its Indian footprint, requesting an increase in weekly seat allocation from 4,000 to 20,000 seats per week, and gain access to Bangalore, Kolkata, Chennai, Hyderabad, Amritsar, and Ahmedabad. Turkish is also requesting …

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Have your say: Question of the week: Will the Jet Etihad deal fructify? Will Jet survive?

by Devesh Agarwal We welcome your feedback and comments on the Jet-Etihad deal. Without a doubt the humongous increase in seat capacity offered to the Abu Dhabi government by India has some quid-pro-qua links to the Jetihad deal. There is also talk that the bilaterals seat increase was to pacify the UAE government after their telecom company allegedly lost over …

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Analysis: Etihad post strong results; government fears over Jetihad overblown

by Vinay Bhaskara Abu Dhabi based full service carrier Etihad Airways announced yesterday that it had achieved record revenue growth for the second quarter and first half of 2013. For Q2 2013, passenger revenues grew a robust 8% to $921 million, while passenger revenues for the first half of 2013 hit $1.8 billion, up 13% from $1.6 billion in 2012. …

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