#Etihad Airways
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
As part of the agreement, Ethiopian Airlines will begin flights from Addis Ababa Bole International Airport to Abu Dhabi’s Zayed International Airport from 15 July
The flights from Bengaluru and Ahmedabad are in addition to the daily service between Mumbai and Abu Dhabi, which was introduced in July 2024
Last week, Etihad Airways reported a net profit that more than tripled last year to $476m
The airline carried 18.5 million passengers in 2024, up from 14 million in 2023, reflecting sustained demand across its expanding network
This is an 18 per cent rise on the same period last year
Flight EY461, carrying 271 passengers, was accelerating for departure to Abu Dhabi when the flight crew opted to reject take-off owing to a technical issue
With a expansion strategy that encompasses new destinations, innovative fleet additions, and top notch customer experience, Etihad is poised to continue playing a crucial role in global aviation
The national airline reported a profit after tax of $368m (Dhs1.4bn), up from $222m a year earlier
The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380
This collaboration, the first of its kind in the region, offers travellers an immersive experience featuring their favourite Warner Bros. characters
In addition to the new routes, Etihad has commenced operations to several seasonal destinations and returned to popular summer hotspots
The government-backed entities seek to leverage the emirate’s strategic location, lucrative investment opportunities and advanced logistics capabilities
The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m
ravellers can choose from a selection of hotels across the city for one or two nights as part of their online booking on the airline’s website
The addition of the A380 service demonstrates Etihad’s strategy to meet the burgeoning demand and expand its network in the US
The ongoing geopolitical tensions have narrowed options for planes navigating between Europe and Asia
The suspension is aimed at supporting operations recovery at Dubai International Airport as the travel hub continues to struggle to clear a backlog of flights
In addition to the Al Qassim route, Etihad Airways will increase frequencies to various destinations, including Antalya and Jaipur, starting June 15
The airline reported a 2023 net profit of Dhs525m and a previously unreported 2022 net profit of Dhs92m
Etihad Airways is starting to ramp up its operations as a post-Covid tailwind drives passenger growth
The airline’s expansion plan includes broadening its global network, offering more choices to travellers, and increasing flights to key international markets
Etihad Airways commenced daily flights from Abu Dhabi to Kozhikode and Thiruvananthapuram in Kerala on January 1
The US route becomes the second destination after London to enjoy the A380 experience since Etihad returned its superjumbo to the skies
The carrier’s growth strategy signifies a pivotal turning point in the airline’s journey with a significant economic contribution to Abu Dhabi
Located between Piers C and D on the north side of Terminal A, the lounges are spread across three levels
Abu Dhabi International which houses the new terminal will be renamed to Zayed International airport from February 9
It has scheduled daily services from Abu Dhabi beginning May 1, 2024
Ticket bookings under the new agreement will commence in December for travel starting from January
Three more 787 Dreamliners are scheduled to be delivered to the carrier this year