Articles tagged “etihad”

Lenders Propose Bailout to Save Beleaguered Indian Airline Jet Airways

Lenders Propose Bailout to Save Beleaguered Indian Airline Jet Airways

Anurag Kotoky, Bloomberg

Bloomberg reports Jet Airways has accumulated more losses in recent years than any publicly-traded Asian airline other than Pakistan International Airlines. That's remarkable, and it's probably a sign lenders should let the airline go. But that doesn't sound likely.

6 days ago

Emirates to Hire Pilots From Etihad and Other Airlines With Cash Troubles

Emirates to Hire Pilots From Etihad and Other Airlines With Cash Troubles

Layan Odeh, Bloomberg

A lack of cockpit crew has been a factor in Emirates' moves to trim its number of flights. But the carrier may have a fix. A new memo shows that the Dubai giant has pinpointed 500 suitable applicants from airlines experiencing financial trouble.

2 weeks ago

Jet Airways May Get a Lifeline From India’s Largest Bank

Jet Airways May Get a Lifeline From India’s Largest Bank

Saloni Shukla and P R Sanjai, Bloomberg

Jet Airways' key lenders, such as the State Bank of India, are weighing the decision whether to swap some loans for equity, according to Bloomberg. A deal like that would give the carrier, which defaulted on loan repayments in December, breathing room to cut costs.

3 weeks ago

Etihad Cancels Aircraft Order as Part of Cost Overhaul

Etihad Cancels Aircraft Order as Part of Cost Overhaul

Layan Odeh, Bloomberg

Cutting costs can only get you so far. Is Etihad really a viable independent business or would it be be better suited partnering with Dubai-based Emirates?

1 month ago

Investors Claim They Were Misled About Air Berlin and Alitalia

Investors Claim They Were Misled About Air Berlin and Alitalia

Luca Casiraghi, Bloomberg

Etihad's investment strategy, which many saw as bold and innovative at the time, didn't turn out that way. And now the airline will have to answer to creditors.

5 months ago

5 Ways an Emirates-Etihad Merger Would Transform the Airline Industry

5 Ways an Emirates-Etihad Merger Would Transform the Airline Industry

Benjamin Katz, Bloomberg

Etihad and Emirates are publicly denying a merger is in the works, but companies are rarely transparent about such negotiations in the moment. This story lays out the possible implications of a deal.

5 months ago

Emirates Looks to Become World’s Largest Airline With Potential Takeover of Etihad

Emirates Looks to Become World’s Largest Airline With Potential Takeover of Etihad

Brian Sumers, Skift

An Emirates-Etihad merger makes a lot of sense. Emirates may not be as strong as it once was, but it's still a well-run global airline that strikes fear into established competitors. Eithad, however, is in rough shape. It could use a makeover.

5 months ago

Emirates and Etihad In Deal Talks With South African Airways

Emirates and Etihad In Deal Talks With South African Airways

Felix Njini, Bloomberg

South African Airways desperately needs an equity partner. Of the two UAE airlines, Emirates would appear to have an edge.

7 months ago

American Not Ready to Resume Commercial Ties With Etihad and Qatar Airways

American Not Ready to Resume Commercial Ties With Etihad and Qatar Airways

Brian Sumers, Skift

Journalists grilled American Airlines CEO Doug Parker on Sunday about world affairs. It was unusual, considering he usually answers questions about capacity, or the passenger experience. But airlines are global businesses that rely on free trade agreements and deals negotiated by diplomats. Recent protectionist moves by some governments may not bode well for airlines.

9 months ago

U.S. and United Arab Emirates Reach Deal to Solve Open Skies Spat

U.S. and United Arab Emirates Reach Deal to Solve Open Skies Spat

Brian Sumers, Skift

The big three Gulf carriers are still very important, but because of a variety of reasons, they're no longer as scary as they were a few years ago. Still, this is good news for U.S. airlines.

10 months ago

Etihad Plans to Stay a Major Global Carrier Despite Financial Woes

Etihad Plans to Stay a Major Global Carrier Despite Financial Woes

Mahmoud Habboush, Bloomberg

It's safe to say that turbulent times remain for the troubled airline. If Etihad still wants to be a major player, the carrier needs to figure out how to do that and still make money.

10 months ago

Alitalia’s Future Comes Into Focus as Bankruptcy Deadline Looms

Alitalia’s Future Comes Into Focus as Bankruptcy Deadline Looms

Justin Bachman, Bloomberg

It's probably time to say arrivederci to Alitalia. There are plenty of suitors eager to buy its valuable international routes, and low-cost carriers will fill the gaps when its less profitable routes disappear.

11 months ago