DUBAI, Feb 24 (Reuters) - Etihad Airways ⁠reported ⁠a near 50% jump in ⁠net profit to $698 million last year, the carrier said on Tuesday, as increased capacity supported strong demand across markets ...
It is an enormous engineering project that can take months — and a lot of money — to complete.
KKR and Altavair AirFinance have agreed to acquire a portfolio of commercial aircraft from Etihad Airways, the national airline of the United Arab Emirates. The purchase price is $1 billion. NEW YORK ...
Etihad Airways is selling two of its widebody fleets in a $1 billion transaction as it struggles to return to profitability. Investment firm KKR and Altavair AirFinance, which specializes in ...
The airline business is a financially risky one, despite recent years of packed planes and low oil prices. Noted investor Warren Buffett once wrote,"If a capitalist had been present at Kitty Hawk back ...
Etihad Airways currently has seven active Airbus A380s. However, two more frames will be operational in 2026, while the tenth aircraft—it has only ever had ten superjumbos—will be used as a spare.
Etihad continues to soar with a record-breaking year, reaching new milestones for the first time in the airline’s history. Antonoaldo Neves, Chief Executive Officer at Etihad Airways, commented, “The ...
Etihad Airways, the national airline of the UAE, has been named ‘Environmental Airline of the Year 2022’ in the annual Airline Ratings awards. The ranking recognises Etihad’s industry-leading strategy ...
Officials from Etihad Airways have announced a new endeavor to repurpose waste from discarded aircraft parts into new environmentally-friendly artistic projects. The national airline of the United ...
An Etihad Airways flight was forced to abort a high-speed take-off that led to two tyres bursting, as “high exhaust gas temperatures” in the engine caused an emergency halt of the Boeing plane. During ...