#Etihad
Etihad Airways CEO Antonoaldo Neves tells us more about a new partnership with Ethiopian Airlines, the airline’s ambitious growth plans, record profits, and the much-speculated IPO
The airline, which started operations in 2003, is eyeing a public listing of some of its shares
Last week, Etihad Airways reported a net profit that more than tripled last year to $476m
This is an 18 per cent rise on the same period last year
Etihad is looking at a listing this quarter and the airline is said to be targeting both local and international investors
Etihad’s operating fleet rose to 95 from 79 in the same period last year
Etihad had an operating fleet size of 92 aircraft in H1 2024 compared to 76 in the same period the previous year
The commercial venture will be implemented in early 2025 when the two carriers secure governmental approvals
CEO Antonoaldo Neves said Etihad was in talks with lessors and the planemakers in attempt to secure additional jets
With the announcement, the French capital becomes the third destination to which Etihad’s A380s operate
Airlines traveling between Europe and Asia will be restricted to two viable alternative routes
Boston joins Chicago, New York and Washington as Etihad’s fourth destination in the US
The double-daily services will be operated utilising Boeing 787-9 and Boeing 777-300 aircraft from Etihad’s modern wide-body fleet
The sovereign fund may add more banks later and the final lineup of advisers may change as there is no final decision on the timing of the IPO
Etihad will publish a 2023 annual report by mid-April for the first time, including details of pandemic-related government support
Etihad Airways is ramping up its offerings for spring and summer travel with a code share with Air Serbia and increased flights to Riyadh, Bengaluru
Heavy rainfall due to Cyclone Michaung has impacted international and domestic inbound and outbound flights across multiple airports in India
Abu Dhabi International which houses the new terminal will be renamed to Zayed International airport from February 9
All airlines owned by Germany’s Lufthansa, including Austrian Airlines, Swiss International Airlines and Brussels Airlines, cancelled flights to and from Tel Aviv through Saturday
The airline is also in the process of upgrading its frequencies to several other destinations
The addition of Ezhou to Etihad Cargo’s network is the latest step in the carrier’s focus on the Chinese market
The airline will raise the number of weekly services it operates between Abu Dhabi and the Italian capital from seven to 11
Customers of each airline from this summer can buy a single ticket into either Dubai or Abu Dhabi, and return via the other airport
The integration of flights into the BOTIM app allows customers to enjoy a more convenient and all-inclusive travel experience
The entities will jointly conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste
Aircraft-generated condensation trails, or contrails, cause surface warming responsible for up to two-thirds of aviation’s climate impact
The flight, which will be operated by Etihad’s Boeing 787 Greenliner, will leverage SAF Book & Claim systems in partnership with World Energy to overcome SAF logistical and infrastructure challenges
The A350F fully meets ICAO’s enhanced CO₂ emissions standards coming into effect in 2027
Etihad’s aircraft are flying 77 per cent full across the network, around 2 percentage points higher than the occupancy level in May 2019
As the first in-person airshow to take place since the outbreak of the pandemic, the event saw several deals announced