Tag Archives: Etihad

Jet Airways request slots at Amsterdam for Winter 2013 season; no flights to Newark

As Bangalore Aviation reported last month, Indian full service carrier Jet Airways is likely to move its long standing trans-Atlantic scissors hub to Amsterdam in conjunction with its new part-owner Etihad Airways. Late last week, Jet applied for the following slots at Amsterdam for the IATA Winter 2013/14 season. 9W 224 – DEL – AMS –> arr: 09.40 333 daily …

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Analysis: Will Jetihad lop-sided deal favouring Etihad be corrected or be an eye-wash?

by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The deferral has also shed light …

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Jetihad casualty. Nikos Kardassis resigns as Jet CEO

Ever since the Jetihad deal was announced in late April, where Jet agreed to sell 24 per cent stake for Rs. 2,042 crore to Etihad Airways, we industry watchers were waiting to see when the casualties of senior management at Jet Airways would commence. Officially Etihad will get three seats on the Jet board, including the CEO, but it is …

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Report: Jet Airways scissors hub moving to Amsterdam

Earlier this week in a press conference at Amsterdam’s Schiphol Airport, Etihad CEO broke the news that Indian full service carrier Jet Airways will be transferring its European scissors hub from Brussels to Amsterdam. Thanks to the recently created Jetihad partnership (Etihad owns 24% of Jet Airways), Etihad exerts significant control over Jet’s international strategy. Jet Airways currently operates daily …

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Infographic: Etihad fleet compared to Formula 1

Digital marketing agency LBi has created a very interesting Infographic about the fleet of Abu Dhabi based Etihad Airways. Etihad is a key supporter Formula 1 and of the Yas Marina Circuit in Abu Dhabi, so naturally LBi could not help but including a few F1 racing comparisons. You can download the infographic after it opens in the light box …

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Opinion: Jetihad deal means India’s international market belongs to the MEB3

by Vinay Bhaskara When Abu Dhabi based Etihad Airlines announced in late April that it had acquired a 24% stake in Mumbai Will the MEB3 hold sway? based full service carrier Jet Airways for $379 million, it marked a paradigm shift in the state of the Indian air travel market. The newly formed “Jetihad” partnership would hold a nearly 18% share …

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Three-way analysis: How does Emirates respond to Jetihad?

By Oussama Salah, Vinay Bhaskara, and Devesh Agarwal Photo copyright Devesh Agarwal The Indian government often makes curious decisions in setting aviation policy. For example, it encouraged Air India to lower prices to gain market share, causing mayhem in the market place and increasing Air India’s losses. It also recently  allowed Air Asia to expand in India by approving a …

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Analysis: Jetihad partnership a big winner for the two airlines

by Devesh Agarwal Jet’s A330 fleet is expected to be deployed to Abu Dhabi The 24% stake sale by Jet Airways to Abu Dhabi owned and based Etihad Airways is a bonanza for both the airlines. For Jet Airways it gets a significant amount of cash it desperately needs to reduce part of its massive two billion dollar debt, since …

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Analysis: Qatar Airways to Philadelphia — Etihad upgrades New York JFK

Major route announcements came from 2 Middle Eastern carriers yesterday, with Qatar Airways announcing plans to start new services to Philadelphia, Pennsylvania, USA (as well as Addis Ababa and Clark in the Philippines) and newly minted Jet Airways partner Etihad Airways revealing an up-gauge in capacity on its daily Abu Dhabi-New York JFK services to a Boeing 777-300ER. For Qatar …

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Analysis: India and UAE sign MoU on bilateral air services agreement

The official version of the press release from the Press Information Bureau of the Government of India. India and United Arab Emirates (UAE) signed an MoU on Air Services, following the two-day bilateral negotiation at Abu Dhabi today. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of …

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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 …

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INFOGRAPHIC: Airline-wise share of international passenger traffic, to and from India, 2011 to 2012

Based on a report in The Economic Times we have prepared this infographic showing the airlines’ market share of international passenger traffic to and from India during fiscal 2011~2012. The chart throws up some surprises. SriLankan Airlines and Oman Air feature on this list, but Singapore Airlines does not. Hard to accept? and where is AirAsia? Share your thoughts via …

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Analysis: Strong first quarter for Etihad bodes well for Jetihad deal

by Vinay Bhaskara Abu Dhabi based full service carrier Etihad Airways reported record results for the first quarter of 2013. Revenues grew a whopping 18.7% year over year to $900 million, up from $758 million in Q1 of 2012. In its 10th year of operations, Etihad also saw cargo revenues grow 17% to $193 million. Passenger figures also reached a …

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Jet Airways to lease three Boeing 777-300ERs to Turkish Airlines

by Devesh Agarwal Sources within Mumbai based Jet Airways indicate the airline has entered into an agreement with Turkish Airlines to dry-lease three of its Boeing 777-300ER (77W) aircraft for one year. The Indian carrier has a total of ten 77Ws in its fleet. Since 2008, the carrier has found it difficult to effectively utilise these highly popular aircraft. It …

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Video: Etihad’s new TV commercial

by Devesh Agarwal Abu Dhabi based Etihad Airways is releasing a new TV commercial (TVC) across the world in the next few days. Created by M&C Saatchi, the TVC will be released in the UAE on March 3rd, and then across Australia, China, Germany, India, Japan, UK, USA, and Nigeria the next day. The commercial which has been produced by …

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Jet Airways sells its London Heathrow slots to Etihad. Cooperation or desperation for Jetihad?

by Devesh Agarwal and Vinay Bhaskara Yesterday, India’s largest private carrier sold its three precious landing slots at London Heathrow airport to Abu Dhabi, UAE based Etihad Airways for $70 million. Etihad will lease the slots back to Jet Airways for the time being. London is essentially THE destination for Jet Airways, which currently serves Heathrow daily from New Delhi …

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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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AirAsia, Tatas and Amit Bhatia seek approval to start airline in India. Is SpiceJet the target?

AirAsia A320 9M-AHS at Penang airport.

by Devesh Agarwal Malaysian low cost carrier AirAsia Berhad (Ltd.) through its investment arm, AirAsia Investment Ltd. (AAIL) has submitted an application to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for AAIL to invest 49% into a proposed Indian joint venture together with Tata Sons Limited and Mr. Arun Bhatia of Telestra Tradeplace Pvt. Ltd. The expected holding …

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Analaysis: Etihad reports full year 2012 profit; equity investments beneficial for both Etihad and partners

by Vinay Bhaskara Etihad Airways Boeing 777-300ER — Image Credit Etihad Airways Abu Dhabi based Eithad Airways reported its second straight year of profitability, with calendar year 2012 witnessing a net profit of US $42 million (versus $14 million), on revenues of $4.8 billion (up from $4.1 billion in 2011). Full year EBITDAR (earnings before interest, taxes, depreciation, amortization, and …

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