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Etihad Airways

Etihad Airways News

The agreement includes a mix of Boeing 787 and 777X aircraft, powered by GE Aerospace engines and supported by a services package

Etihad Airways commits $15bn for 28 Boeing jets

Etihad Airways has invested $14.5 billion in 28 Boeing aircraft. Since 2023, the UAE’s national airline has grown its fleet as part of a long-term strategy to double in size by 2030.   The agreement includes a mix of Boeing 787 and 777X aircraft, powered by GE Aerospace engines and supported by a services package, […]

Workers inspect a Flynas jet on the tarmac in Riyadh. The IPO could value Flynas at up to $3.7bn

Flynas to test appetite for airline IPOs as Gulf rivals look on

Low-cost carrier Flynas is preparing to go public on the Saudi Exchange this month in a deal that is being watched not only by investors but also by Gulf rivals considering their own listings, analysts have told AGBI. Among them is Abu Dhabi’s Etihad Airways, whose long-anticipated initial public offering could be shaped by Flynas’ […]

Passenger numbers have fallen at Kuwait International, but are soaring at airports elsewhere in the Gulf

Kuwait’s aviation industry loses altitude as foreign airlines exit

Kuwait’s ambitions for its aviation industry are faltering as a growing number of international carriers quit the market and airport upgrades are delayed. British Airways ceased its daily service from London in March, ending more than 60 years of operations. This follows withdrawals from Kuwait International Airport (KWI) by at least 14 other airlines since 2019, […]

Flydubai operates a fleet of 88 Boeing 737s but wants to expand into longer-haul routes with 787 aircraft

Boeing delays are hampering Flydubai expansion, says CEO

Delays in the delivery of Flydubai’s first wide-body aircraft from Boeing are hampering the carrier’s expansion into long-haul routes and it may seek compensation, its CEO has told AGBI. The low-cost carrier is waiting for 30 Boeing 787-9 twin-aisle planes, part of an $11 billion deal announced at the 2023 Dubai Airshow.  The first deliveries […]

Antonoaldo Neves, CEO of Etihad Airways, told Arabian Travel Market that US tariffs had not yet had an impact

‘I expect more Europeans to come’: Etihad chief shrugs off tariffs

Abu Dhabi’s Etihad Airways is not seeing any effects from the turmoil caused by US President Donald Trump’s tariff policies, its CEO Antonoaldo Neves told Reuters on Monday, while adding it was too early to fully gauge the impact of the levies. Trump’s announcement of sweeping tariffs on dozens of US trading partners this month […]

The cabin of a Comac C919, the Chinese aircraft manufacturer’s most high-profile plane

China ‘unlikely to overthrow Boeing-Airbus duopoly’

China’s state-owned planemaker, Comac (Commercial Aircraft Corp of China), is decades away from breaking up the global dominance of Boeing and Airbus, according to the head of the world’s largest airline trade association. The result will be that Gulf Arab carriers such as Emirates, Etihad Airways and Qatar Airways have little choice but to stomach […]

A Zara store in London. Azadea operates Zara franchises in the Middle East and plans to focus on expansion

Dubai Holding-backed retailer Azadea puts IPO on hold

Azadea Group, which is backed by an investment company owned by Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, has put its initial public offering on the back burner, it has been reported. Dubai Holding acquired a minority stake in the Beirut-based retailer in 2018, valued at $1 billion. The IPO pause is not down to […]

Adult, Female, Person

Etihad passenger volume up as fleet and destinations rise

A growing fleet size and increased destinations have allowed Abu Dhabi’s Etihad Airways to expand passenger volume in the first quarter of 2025. Passenger numbers rose 16 percent to 5 million in the January to March period, compared to 4.3 million a year ago, according to data released by the state-backed airline. Antonoaldo Neves, CEO […]

Stock market volatility following President Trump's widespread tariffs is likely to delay the launch of IPOs in the Gulf

Global stock market dive likely to delay Gulf IPOs

Steep declines in stock markets since President Donald Trump set out sweeping tariffs will almost certainly delay initial public offerings in the Gulf, analysts have told AGBI. Markets around the world have tumbled since the US president announced his plans for import taxes last Wednesday. Saudi Arabia’s Tadawul All-Share Index had its biggest one-day fall […]

Leveraging market conditions for Gulf IPOs, the investment Corporation of Dubai is strategically positioned to realise value through the potential listing of its existing assets, including the prominent Dubai Duty Free

Dubai’s ICD could tap IPO market to fund expansion

The Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, could potentially turn to the capital markets with a raft of listings over the next year or so, according to analysts. Established in 2006, ICD is worth about $340 billion and already has one of its crown jewels – Emirates NBD, […]