Page 2 - Etihad Airways

Anil Agarwal pulls out of race for acquiring grounded Jet Airways

The remaining two EoIs will now be scrutinised by the resolution professional and submitted to the committee of creditors in the next meeting

Etihad says not feasible to reinvest in Jet, cites unresolved issues

Jet Airways, which shuttered operations on April 17, is undergoing insolvency proceedings and at least three entities have put in initial bids for the carrier

Jet gets three EoIs, Etihad backs out; applicants to be named on Tuesday

Panama-based fund Avantulo Group is one of the three entities to have expressed an interest

Etihad to offer wireless streaming, remove screens from narrow-body fleet

Etihad Airways will offer wirelessly streamed movies and television shows to passengers on mainly short-haul flights as it removes entertainment screens from its Airbus A320 narrow-body fleet

Etihad Airways loses $1.28 billion in 2018 in third year of losses

The airline reported revenues of $5.86 billion in 2018, down from $6 billion in 2017. It flew 17.8 million passengers last year, down from 18.6 million the year prior

Jet Airways' equity partner Etihad reports $1.28 billion loss in 2018

Etihad, which has trimmed its ambitions to be a major intercontinental airline to focus on point-to-point flights, has made losses of $4.75 billion since 2016.

Etihad hires turnaround expert Alvarez & Marsal as it weighs Jet bailout

Executives from Alvarez & Marsal are camped in Jet Airways' offices in Mumbai and are taking stock of the airline's operations and looking into its financial health and records

Etihad to sack 50 pilots by Jan-end after significant loss last year

The state-owned Gulf carrier has been reviewing its business since 2016 after a strategy of investing billions of dollars in other airlines failed

Is Etihad the only option for Jet?

Foreign airlines are unlikely to help out till Etihad is around; Indian businesses may not like to join hands while Goyal is in the pilot's seat

Etihad blames rising fuel prices, costly investments as it stays in the red

The result compares with a prior year loss of $1.95 billion, which it restated from $1.87 billion

Jet Airways is a valuable partner; we have no plans to sell stake: Etihad

Says the claims made in the CAPA report are false: 'Jet Airways is a valuable partner of Etihad Airways, and we have no plans to divest'

Etihad Airways appoints British military official Tony Douglas as new CEO

We are delighted to have Tony return to Abu Dhabi to lead Etihad: Chairman

Etihad Airways in Manchester to get fuel directly from Essar Oil UK

Essar commenced supply to Etihad on July 1, the company said in a press statement

Etihad Airways appoints Robin Kamark as CEO airline equity partners

He will be responsible for leading and developing Group's minority equity investment strategy

No demand for premium cabin? Etihad to withdraw Airbus A380 Mumbai flight

The services will be discontinued from July 1

James Hogan to step down as Etihad group CEO

Exit attributed to financial problems at Air Berlin and Alitalia, two airlines co-owned by Etihad

Etihad Airways chief James Hogan to step down: Report

Etihad Airways said the move is part of a 'transition process' initiated by its board and Hogan last year

Gulf airlines lure Indian passengers with free visas, hotel discounts

With Dubai being primary getaway for travellers, Doha and Abu Dhabi are in the race for second spot

Etihad Airways, citing competition, announces layoffs

Statement described the layoffs as a measured reduction of headcount in some parts of the business

Etihad open to hiking stake in Jet

Jet Airways Chairman Naresh Goyal owns 51 per cent in the airline while Etihad has a 24 per cent stake