Pandemic pushes Etihad Airways to $1.7 billion loss for 2020
Abu Dhabi government-owned Etihad, which posted a core operating loss of $800 million in 2019, has also slashed jobs and salaries. Passenger revenue slumped 74% to $1.2 billion from $4.8 billion in 2019, as passenger numbers dropped 76% to 4.2 million, down from 17.5 million in 2019.
NCLT directs DGCA to file its affidavit on granting slots to Jet Airways
Senior Counsel, Shyam Mehta, appearing for the DGCA and Ministry inf...
Kalrock-Jalan to pay Rs 1,183 crore to Jet's creditors over 5 years
Outside of the resolution plan, the consortium has also offered to buy 51...
Britain bans direct flights from UAE, shutting world's busiest international route
Britain said it was adding the United Arab Emirates, Burundi and Rwanda to its coronavirus travel ban list because of worries over the spread of a more contagious and potentially vaccine-resistant COVID-19 variant first identified in South Africa.
Etihad, Qatar Airways to resume flights between UAE and Qatar
Flights between the UAE and Qatar, both major air transport hubs, have been suspended since mid-2017 when the UAE, Saudi Arabia, Bahrain and Egypt cut ties with Doha over allegations it supported extremist groups. Qatar has denied the charges.
First Qatari vehicles cross border into Saudi after Gulf detente
Saudi Arabia on Tuesday announced a U.S.-backed deal to end a bitter dispute with Qatar that saw Riyadh, the United Arab Emirates, Bahrain and Egypt imposed an embargo on Doha over allegations that it supports terrorism and is cosying up to foe Iran.
UAE to reopen borders to Qatar from Saturday
The UAE "will work to reopen all land, sea and air borders to incoming and outgoing" traffic from Qatar, said Khalid Abdullah Belhoul, under-secretary of the ministry of foreign affairs and international cooperation, quoted by the official WAM news agency.
Etihad Airways Group CEO starts 2021 with a shot in the arm
Tony Douglas received his first dose of the Sinopharm Covid-19 vaccine on January 4.
AI to connect Hyderabad to Chicago from January 21
“Air India, the national carrier will be starting its direct, non-stop flight between Hyderabad and Chicago effective January 15, 2021,” Hyderabad airport said in a statement.
Israel's El Al Airlines, UAE's Etihad explore joint codeshares
Israel and the UAE agreed in September to establish diplomatic relations, breaking a longstanding taboo, and paving the way for economic cooperation.
Abu Dhabi's Etihad to make face masks for staff, health professionals
State-owned Etihad will make and distribute 1.3 million masks over the next three months to flight attendants, other staff and medical professionals, it said in a statement. The masks were three-layered and provide 98% filtration, it said.
Murari Lal Jalan and Kalrock Capital file revival plan for Jet Airways in NCLT
National Company Law Tribunal (NCLT) has to approve the plan submitted by a consortium of UAE-based investor Murari Lal Jalan and London’s asset management firm Kalrock Capital before they become the new owners of India’s oldest surviving private airline.
Etihad starts marketing dollar transition sukuk at around mid-2%: Document
The airline gave initial price guidance in the mid-2% area for the sukuk, according to the document from one of the banks arranging the deal, which is expected to close on Wednesday.
Etihad Airways to operate special flights from six Indian cities to Abu Dhabi between July 12-26
India suspended all scheduled international passenger flights on March 23 due to the coronavirus pandemic. Many Indian nationals who have valid residence permits of the UAE and are currently in India have been complaining on social media for the last few weeks about the lack of flights between the two countries.
Etihad Airways launches travel voucher offering 50% cash bonus
In a press release, Etihad said passengers can purchase the travel voucher, any time between June 10 and June 24, and they will get 50 per cent extra cash value in the voucher, which can be used for travel during the two-period starting August 1.