Tag Archives: Mubadala

Airbus reported completion of the largest civil aircraft deal of the year, a 51-plane order from Abu Dhabi based Etihad Airways worth over $10 billion. The order includes 6 A380 superjumbo, 25 A350XWB and 20 single-aisle A320 aircraft. The order was first announced at the Farnborough air show in July. However, Etihad’s financial woes, and speculation of a merger with …

The Business Standard reports that Indian carrier Jet Airways is believed to have struck a deal last week with west Asian investment agency Mubadala Development Company for a funding of Rs 1,000 crore (approx $ 200 million). The instrument of funding, however, has yet to be formalised.Mubadala is wholly owned by the government of Emirates of Abu Dhabi. The tenure …