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Etihad Airways News

EV charger network UAE

UAE to roll out countrywide EV fast charger network

The UAE is speeding up the expansion of its electric vehicle charger infrastructure in support of the energy transition, the shift from fossil-based systems of energy production. UAEV, a joint venture between the Ministry of Energy and Infrastructure and Etihad Water and Electricity that was announced on Monday, intends to build a network of high-performance […]

Emirates chief executive Sheikh Ahmed bin Saeed al Maktoum said he was 'confident in our resilience and ability to respond quickly' to challenges such as the recent flooding in Dubai

Dubai to receive $1bn dividend after record Emirates profits

Emirates Group will pay more than $1 billion in dividends to its owner, the Investment Corporation of Dubai sovereign wealth fund, after it announced record profits of just over $5 billion for the year. The holding group includes Dubai-based flag carrier Emirates and aircraft and airport services company Dnata. It repaid $596 million from the […]

Total revenue at Etihad increased 21 percent year on year to nearly AED6 billion

Etihad Q1 profit jumps nine-fold on 41% traffic growth

Etihad Airways’ net profit surged 792 percent to AED526 million ($143 million) in the first quarter, from AED59 million a year ago, amid strong growth in passenger revenue and reduced net finance costs. Total revenue at the UAE flag carrier increased 21 percent year on year to nearly AED6 billion, driven by increased network capacity and passenger numbers. […]

Etihad Airways CEO Antonoaldo Neves (centre) said that he is 'big believer in fleet flexibility' and does not like to lock in big orders

Etihad weighs options to buy directly from planemakers  

Abu Dhabi’s Etihad Airways is exploring the option of buying a limited number of new aircraft directly from Airbus and Boeing, utilising the available delivery slots that have been canceled or rescheduled by other airlines. However, the state-backed airline’s CEO Antonoaldo Neves has no plans to place a “large order”, Reuters reported. “I’m a big believer […]

The increase in flights from the UAE to Saudi Arabia was driven by growing demand from Umrah performers

UAE airlines increased Saudi flights during Ramadan

Weekly flights from the UAE and Saudi Arabia rose 13 percent to 383 in March, compared to 338 in February. The increase was driven by growing demand from Umrah performers during the last 10 days of Ramadan, which started last month, state-run Wam news agency reported, quoting the General Civil Aviation Authority’s (GCAA) statistics. Flydubai […]

Aircraft, Airliner, Airplane

UAE carriers expand reach to 603 global destinations

UAE carriers were serving 603 destinations worldwide by the first quarter of 2024, compared to 586 at the close of 2023. The three percent increase reflects the rebound in the aviation sector and a surge in travel demand, state-run Wam news agency reported, quoting data released by the national carriers. Air Arabia leads with 215 […]

Oman Air revenue people boarding aircraft

Revenue up at Oman Air but pressure still on, say experts

Oman Air has posted increased revenues for the past year but the sultanate’s flag carrier still faces difficult times ahead, aviation industry experts say. The heavily indebted airline launched a restructuring process last August in an attempt to balance the books within the next four years.  Oman Air’s net losses in 2023 fell by 36 […]