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Etihad Airways

Etihad Airways News

Passengers boarding a FlyDubai aircraft in Dubai. The airline's fleet is made up of narrow-body jets

Narrow-body aircraft to push growth of Middle East fleets

Gulf Arab airlines and other Middle East carriers will expand their fleets at almost double the rate of the global average over the next ten years, industry experts say. They will also increase the share of narrow-body planes over twin-aisle aircraft. Globally, fleet size is expected grow by 2.8 percent per year over the next […]

Kuwait Airways chairman Abdulmohsen Alfagaan said the airline is cutting costs but improving service

Kuwait Airways rules out profit for at least two years

State-owned Kuwait Airways does not expect to turn a profit for at least another two years as it struggles to recover from losses built up during the Covid 19 pandemic, its chairman said. Abdulmohsen Alfagaan told Kuwait’s daily Alseyassah that the airline is looking into what airplanes it needs and its network of destinations, anticipating […]

Project finance is becoming ever more important in funding the growing number of major infrastructure projects across the Gulf region

Project finance central to funding Gulf infrastructure

Financing a project and project finance are not necessarily the same thing. Irrespective, project finance is as important as ever in the Gulf in funding billions of dollars of infrastructure projects, from energy and water schemes to data centres and battery storage facilities, according to experts.  Abbas Hussein, global head of infrastructure and development finance […]

ADQ can still accept shares from Aramex shareholders who did not tender during the offer period until March 24

ADQ takes majority stake in Dubai-listed Aramex

ADQ, the third-largest of Abu Dhabi’s sovereign wealth funds, has become a majority shareholder in Dubai-listed logistics company Aramex. The fund now owns 58 percent in Aramex following a voluntary tender offer, which includes 23 percent owned by its subsidiary, AD Ports Group, and 35 percent bought from previous shareholders, ADQ said in a statement on Tuesday. […]

Qatar Airways' commitment to expansion is evidenced by its recent 25 percent investment in Virgin Australia

Qatar Airways strives to avoid Etihad’s mistakes

Like Etihad before it, Qatar Airways is expanding by buying stakes in other airlines. The Abu Dhabi carrier’s acquisition strategy ended badly, however. Three airlines in which it invested went bust and it lost $1.87 billion in one year alone in 2016. Qatar Airways may have better luck, analysts say. The state-owned carrier, which started […]

Airbus is considering establishing maintenance, repair and overhaul facilities for the A400M in the UAE

Airbus weighs production of military aircraft parts in UAE

European planemaker Airbus is exploring the possibility of manufacturing components and setting up a maintenance facility for the A400M, a military transport aircraft, in the UAE. The plan includes integrating local entities – including EPI, part of defence company Edge Group, and Strata, a subsidiary of Abu Dhabi investment vehicle Mubadala – into the A400M’s global aerospace […]

People, Person, Adult

Etihad Airways delays $1bn IPO launch to next month

Abu Dhabi’s Etihad Airways will push back its planned $1 billion initial public offering (IPO) until at least next month, after the Eid Al Fitr holiday, two people with knowledge of the matter said. Etihad had not officially announced a date for its IPO, but sources had told Reuters that the airline would make an announcement […]

Passengers board an Etihad Airways airplane at Abu Dhabi; the airline plans to carry 33 million passengers by the end of the decade

Etihad IPO likely to attract ‘significant’ investor interest

Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […]