Along with its Gulf peers -- Dubai's Emirates Airlines and Abu Dhabi's Etihad -- Qatar's national carrier has captured a sizable portion of transit travel, capitalising on the Gulf's central geographic location.
The move came after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism, opening up the worst rift in years among some of the most powerful states in the Arab world.
Etihad said flights would stop today after the UAE, Saudi Arabia and Bahrain said they would cut all air, land and sea links with Qatar within 24 hours.
Passengers travelling to the US from 10 airports in eight Muslim-majority countries, including from global hubs like Dubai and Istanbul, cannot carry large electronic devices like cameras and laptops as cabin baggage under a new Trump administration order.
The government-owned carrier said the move is part of a "transition process" initiated by its board and Hogan last year.
According to the paper, managers from both companies have for weeks been examining the possibility of Etihad taking a 30-40 percent stake in Lufthansa via a capital increase reserved for the Abu Dhabi state-owned airline.
Dubai, Dec 18 (AP) Abu Dhabi's Etihad Airways, citing "an increasingly competitive landscape," says it is making an unspecified number of layoffs.
Jet Airways group today reported a nearly flat profit at Rs 85 crore in the second quarter ended September 2016 amid pressure on domestic ticket prices and lean travel season.
Gulf carrier Etihad Airways and Jet Airways investment partner Etihad today announced expansion of its flight services and route network here and said it would add 28 additional flights per week and three new destinations between Abu Dhabi and India, starting early next year.
Jet Airways, India's second-biggest airline by passengers, is talking to lenders about raising up to USD180 million through a loan, banking sources said on Thursday.
The decision to allow 100 percent foreign direct investment (FDI) in the aviation sector is going to help bring in more investment into the sector, said Ashok Gajapathi Raju, Union Minister for Civil Aviation.
Private carrier Jet Airways will take back all six wide-body Boeing aircraft leased out to its investment partner Etihad Airways in the next six months and deploy them on some of its core routes including to the Gulf.
Flight EY204 from Abu Dhabi landed at Chhatrapati Shivaji International Airport in Mumbai on Sunday on the occasion of Maharashtra Day, the 56th anniversary of the state's formation.
Boeing's licence, received on Thursday, marked a step toward catching up with European rival Airbus, which last month agreed to sell Iran 118 planes worth about USD27 billion at list prices.
Kapil Kaul of Centre for Asia-Pacific Aviation (CAPA) rules out the chances of this investment triggering an open offer as the investment may not be through direct equity but some form of quasi-debt that can be converted into equity later.
SP Tulsian of sptulsian.com recommends buying Jet Airways.
Together, the airlines carried a record 3.3 million passengers between Etihad Airways' Abu Dhabi hub and India in 2015, representing a sharp rise on the 2 million flown during the previous 12 months, the airline said.
Bangalore headquartered travel portal, Via.com kicked off ‘The Biggest Online Travel Sale' from 9th December to 11th December 2015.
For the airline, Mumbai will be the fifth destination to deploy superjumbo after Sydney, and the recently-announced Melbourne which is to start from next June.
Addressing the International Air Transport Association (IATA) Aviation Day in Abu Dhabi, Hogan said Etihad Airways' successful partnership strategy could become a model for other players.
The agreement was signed last month that plans for the creation of a new cloud data center in Abu Dhabi, company said in a statement released here. The cloud center, to be developed and operated by IBM, will be one of the most sophisticated technology facilities in the Middle East.
The Abu Dhabi-headquartered Etihad is investment partner in airberlin, Alitalia, Jet Airways, Air Serbia and Air Seychelles.
"India is a crucial market not only for Etihad Airways but the UAE itself and therefore we welcomed the opportunity to become a founding member of the UAE Business Council in India," James Hogan, Etihad Airways president and chief executive officer, said in a statement yesterday.
In fact, its mega aircraft order shows not just immense confidence in the Indian growth story but also in its own ability to inch ahead of other airlines, whether they are low cost competitors or legacy carriers.
Etihad president and CEO James Hogan recently met Maharashtra Chief Minister Devendra Fadnavis and discussed areas of collaboration, especially in tourism and cargo exports, a company statement said.