Tags » Etihad Airways

ET: Jet Airways’ rescue plan runs into rough weather

18 March 2019: The deal to rescue Jet Airways has hit an air pocket. Lenders have told Jet’s strategic partner Etihad Airways that if it is unable to accept the terms to revive the troubled airline, it should exit so that a new investor can be brought in. 853 more words

General News

Etihad Airways posts a loss of $1.28 billion in 2018

Etihad Airways has announced an improvement in core operating performance of 15% in 2018, 7% higher than forecast, on revenues of US$5.86 billion (2017: US$6.0 billion). 1,158 more words

Boeing 787-9 Dreamliner

LM: Etihad unlikely to get on board with Jet Airways bailout plan

15 March 2019: Etihad Airways PJSC is unlikely to agree to a provisional debt resolution plan proposed by lenders for the crisis-hit Jet Airways (India) Ltd, said two people directly aware of the development. 751 more words

General News

IE: Bankers dither on taking Jet Airways to NCLT as govt pushes to keep airline afloat

15 March 2019: The government’s unsuccessful effort to disinvest its stake in Air India notwithstanding, potential funding by the National Investment and Infrastructure Fund (NIIF) and public sector banks such as the State Bank of India into cash-strapped Jet Airways is being viewed as an attempt to keep the private airline afloat ahead of the Lok Sabha polls. 578 more words

General News

Etihad quiet on interim funding plan; Jet Airways grounds four more planes

Etihad Airways has kept the Jet Airways rescue plan on hold even after a memorandum of understanding (MoU) between the two partners, it is learnt. In an indication that hurdles remain before the lenders-led resolution plan can be executed, the Etihad board did not take a decision on the proposed deal, especially on interim funding, in a meeting on Monday, sources in the know said. 566 more words

Why Etihad, Emirates, and Qatar Airways Are All Showing Signs of Crisis

Three of the Middle East’s biggest airlines are struggling amid embargoes, U.S. travel restrictions and global price wars.

Emirates, Etihad and neighboring Qatar Airways are reporting sinking profits or even losses, which is leading to staff layoffs, streamlined routes and canceled plane orders, German business daily… 338 more words

Briefing

Etihad Airways to introduce Boeing 787 Dreamliners to Rome and Frankfurt

From June 1, 2019, Etihad Airways will introduce a new two-class Boeing 787-10 Dreamliner, the largest variant of the technologically advanced aircraft, on its scheduled daily morning service from Abu Dhabi to Rome, complementing the second overnight 777-300ER departure. 271 more words

Boeing 787-9 Dreamliner