Legacy airline alliances have outlived their usefulness, according to Abu Dhabi-based Etihad Airways’ President and Chief Executive Officer, James Hogan. Hogan yesterday delivered a keynote speech at ...
Etihad Airways and Air Canada have signed a Memorandum of Understanding (MoU) for a commercial cooperation agreement that will enhance travel services between the United Arab Emirates and Canada. Whil...
Etihad Airways has taken delivery of its first aircraft to be financed by a local UAE bank since 2008. Abu Dhabi-based First Gulf Bank has provided the finance for two Boeing 777-300ER aircraft, to be...
First Israel Mezzanine Investors Fund (FIMI) has bought a 47% stake in El Al Israel Airlines for $75 million. FIMI will form a control group with Knafaim Holdings Ltd. FIMI will initially invest $50 m...
Etihad Airways has bought a 24% stake in Jet Airways for $379 million. The UAE carrier has agreed to subscribe for 27,263,372 new shares in Jet Airways at a price of INR754.74 per share. Etihad Airway...
Etihad Airways has agreed a memorandum of understanding to partner with JAT Airways in April to help rescue the beleaguered Serbian national carrier. It is understood that Etihad will take control of ...
The Nigerian Federal Government has granted Dana Airline permission to resume flight operations immediately. “Officials of the Federal Ministry of Aviation and the Nigerian Civil Aviation Authority me...
The Etihad roadshow is continuing across the globe with current support from more than 60 institutions globally, which now provide more than US$7.1bn in cumulative funding for the airline’s ongoing ex...
Skywise will begin operations between Johannesburg and Cape Town in the second half of 2013 with the promise to cut the costs of flying domestically in South Africa by as much as 20%. The statement co...
Being widely reported is the news that Emirates is meeting with investors for a possible sale of Islamic bonds. Citigroup, Standard Chartered, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai ...
David Andrews has resigned from investment firm Pimco to start his own venture. Timelines are yet to be agreed but industry friends have been quick to wish him well. Greg Lee of Goldman Sachs says: “D...
El Al is planning to lay off some 200 temporary employees as part of its drive to reduce costs. El Al employs about 5,800 people, some 2,000 are temporary workers. The airline will hold talks with the...
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