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Jet Airways hires ex-CEO of Air New Zealand to navigate rising competition
TransportJet Airways (India) Ltd. named Gary Kenneth Toomey as its chief executive officer to succeed Nikos Kardassis, who resigned less than two months after the carrier agreed to sell a stake to Etihad Airways PJSC. Toomey, 58, previously was the CEO of Air New Zealand Ltd. and Airlines of Papua New Guinea Ltd., Mumbai-based Jet [...]
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American Air anticipates tie-ups with Gulf heavyweights Emirates, Etihad and Qatar
TransportWhile some airlines have a cautious to negative stance towards Middle East network carriers, American Airlines’ outgoing CEO Tom Horton expects American can have a partnership with all…Big Three: Emirates, Etihad and Qatar Airways. American has a limited relationship with Etihad that covers US-Abu Dhabi services, both direct and via some common European ports, such [...]
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Jet Airways CEO resigns amidst Etihad integration and AirAsia competition
TransportJet Airways (India) Ltd. said its Chief Executive Officer Nikos Kardassis resigned, less than two months after the carrier agreed to sell a stake to Etihad Airways PJSC. Chief Operating Officer Hameed Ali will lead the airline until the board identifies a new chief executive, the Mumbai- based company said in a stock exchange filing [...]
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So it happens: Etihad buys 24 percent stake in India’s Jet for $380 million
TransportIndia’s Jet Airways will sell a minority stake to fast-growing Abu Dhabi-based Etihad Airways for roughly $379 million after months of negotiations, giving a lift to India’s embattled aviation industry. The investment would be the first by an overseas operator in an existing Indian carrier since the country relaxed ownership rules in September to allow [...]
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The 30 days that turned the airline world on its head
TransportDirectly and indirectly the Gulf carriers have had a seismic impact on the global alliances in a few short months in late 2012. Although there had been numerous earth tremors leading up to the events of Sep-Oct-2012, few could have anticipated the rapidity of the change and its far-reaching consequences….In just a month in 2012, [...]
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Etihad picks up its 43rd codeshare partner: Serbian carrier JAT
TransportEtihad Airways PJSC, the third- biggest Gulf airline, added Serbian national carrier JAT Airways as its latest code-share partner and said the accord should prove a first step toward a more comprehensive tieup. Abu Dhabi-based Etihad will begin regular daily flights to Belgrade starting June 15 and attach its code to 23 of JAT’s European [...]
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Etihad’s CEO says the airline is building a new ‘Silk Road’
TransportThe Etihad Airways strategy will continue to build a new ‘Silk Road’ that connects markets via the Abu Dhabi hub, said Etihad Airways president and CEO, James Hogan. Speaking at the World Travel and Tourism Council Global Summit, Hogan said: “The airline’s strategy was to focus on growth markets and the global air travel map [...]
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British Airways boss says there will never be a third runway at Heathrow
TransportAirlines chief Willie Walsh today renewed his assault on the Government’s tourism policy, warning Heathrow will be eclipsed by faster-growing hub airports and British travellers face tougher travel restrictions from countries frustrated by our visa regime. Walsh said it was “tragic” that Heathrow would never succeed in getting a third runway because of political failure. [...]
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Etihad’s first quarter revenues up 20 percent as its rise continues
TransportEtihad Airways, the national airline of the UAE, continued its growth in the first quarter of 2013, as revenues grew 19 per cent to $900 million on rising passenger numbers and a surge in revenues from equity partners. Passenger traffic in the January-to-March quarter grew by 18 per cent, rising from 2.3 million to a [...]
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Etihad launches daily D.C. to Abu Dhabi service to meet business demand
TransportEtihad Airways has started non-stop daily flights between Abu Dhabi and Washington D.C., the first direct air link between the two capitals. The route is served by a three-class Airbus A340-500 aircraft, with 12 first, 28 business and 200 economy seats. The new service to Washington Dulles International Airport has been introduced to meet strong [...]
