Posts Tagged ‘United Arab Emirates’

[Economic Times] MUMBAI: In what is seen as a step towards closing its proposed investment plans in Jet Airways, Etihad Airways on Wednesday said it has paid $70 million to buy three slots of the Naresh Goyal-promoted airline at Heathrow airport in London.

Etihad, which is in talks with Jet on possibly taking a stake in the firm, said discussions about further investment were continuing.

Etihad, which is in talks with Jet on possibly taking a stake in the firm, said discussions about further investment were continuing. Picture: Wikipedia

“Etihad Airways can confirm that it has concluded a transaction with Jet to purchase Jet’s three pairs of Heathrow slots for $70 million. The purchase is part of a sale and lease back agreement signed yesterday,” Etihad said in a statement.

The statement further said Jet will continue to operate flights to London utilising these slots.

The deal further strengthens the existing commercial relationship between the two airlines, which came into effect in July 2008, making provision for code-sharing, Etihad said.

On the ongoing stake sale talks between the two, Etihad said they continue to progress with discussions about further investment in Jet.

However, on the 24 per cent proposed stake sale toEtihad, Jet sources said, Jet has reportedly agreed to cede more management control, including more board positions to Etihad. However, this could not be officially verified with either Jet or Etihad officials.

This is to enable sealing the deal that has of late hit some air pockets with the UAE-based airline saying that it wanted to re-look at its investment plan in Jet……

Read the full story at The Economic Times of India…..

Economic Times
27th Feb, 2013

[]  The Dubai government will initiate a new system in cooperation with airlines by the end of next year to stop blacklisted persons at their boarding points before they travel to Dubai.

Prospective travellers prohibited from entering the country.... will not be allowed to get on board the plane.  Photo: Wikipedia

Prospective travellers prohibited from entering the country…….will not be allowed to get on board the plane. Photo: Wikipedia

A database system will be in place, which will store information related to inbound travellers, and the authorities will give permission to the right persons before they board a plane to Dubai at their home port.

Colonel Khaled Naser Al Razouqi, Assistant Director-General of the e-Services Sector at the General Directorate of Residency and Foreigners Affairs, Dubai, said that the system will help reject entry to people who had previously committed a violation in the country or those who do not obtain an entry visa. The system will not allow a person to embark a Dubai-bound plane if he or she has already been blacklisted.

Speaking to Khaleej Times, Al Razouqi said that the system will let officers of the directorate to know the names and details of travellers who plan to head for Dubai by air, thanks to a link with airline companies and travel operators who will send data about their passengers to the directorate.

The directorate will consequently verify the names and contact the airlines or travel operators to provide them with the names of prospective travellers prohibited from entering the country. Such persons will not be allowed to get on board the plane.

Smart e-gates

Al Razouqi stated that Terminal 3 of the Dubai International Airport has now installed smart e-gates. All other currently operating e-gates will be replaced with the smart ones over the coming year, taking the number of the new e-gates to 100.

“The new electronic gate is characterised with so many security features. Most importantly, it automatically scans a traveller’s passport quicker. It does not require the traveller to preregister with the General Directorate of Residency and Foreigners Affairs as in the Emirates e-gate cards,” said Al Razouqi.

The smart e-gates consist of some developed technical devices which can read a traveller’s passport automatically, and can scan the face and eye over a high-definition camera and instantly compare the scan result with the passport. The new system can store the whole information of its users and could verify names of blacklisted travellers or those being wanted by the authorities. The entire operation takes just 12 seconds, he said.

Read more of this story at…..
2nd Sept, 2012

[] Air France-KLM Group, which this weekend announced its operating loss had risen nearly 50 percent to US$785m, is in talks about a commercial pact with Abu Dhabi-based Etihad Airways, an executive at Europe’s biggest airline told Bloomberg News.

The group is highly focused on the negotiations under way. Photo: Wikipedia

The group is highly focused on the negotiations under way. Photo: Wikipedia

Talks about a commercial pact with Abu Dhabi-based Etihad Airways are continuing, Air France-KLM Group’s chief financial officer Philippe Calavia said in a conference call, Bloomberg reported.

However, Bloomberg said reaching a final agreement would be tough and there’s no prospect of a deal within weeks.

Etihad Airways, which recently bought stakes in Ireland’s Aer Lingus, Air Seychelles, Air Berlin, was not immediately available for comment.

Air France-KLM Group said its first- quarter loss widened as fuel costs and a drop in freight volumes wiped out benefits from gains in passenger traffic, increasing pressure to secure cost cuts from unions by a June deadline.

The operating loss widened to……

Read the full Bloomberg story at

By Shane McGinley
Sunday, 6 May 2012


[Daily Reporter] DUBAI, United Arab Emirates — To say that the head of Dubai’s Emirates airline wears many hats is something of an understatement.

The company is expanding in the United States. It flies from Dubai to 6 American airports, including Dallas/Fort Worth and Seattle, both added this year. It plans to add Washington flights in September.

The company is expanding in the United States. It flies from Dubai to 6 American airports, including Dallas/Fort Worth and Seattle, both added this year. It plans to add Washington flights in September: Photo courtesy

Sheik Ahmed bin Saeed Al Maktoum holds several government positions in the Gulf city-state, and is an uncle of Dubai’s ruler. He was appointed chairman of Dubai World in 2010 to oversee the troubled state conglomerate’s turnaround plan.

But it is role at the helm of Emirates airline for which Sheik Ahmed is best known. The University of Denver graduate became chairman of the newly formed airline in 1985, and later took on the job of CEO too.

Today he oversees one of the world’s fastest growing carriers, which boasts more than 120 destinations in 73 countries. Emirates Group, which includes the airline and related businesses, earned $1.6 billion in fiscal 2010. It expects to post another annual profit later this month.

The airline is a huge buyer of new airplanes, with standing orders for more than 230 jets. It operates the world’s largest fleet of Boeing 777s, and was one of the first carriers to use Airbus’ double-decker A380.

Emirates’ torrid growth means it is constantly adding new destinations. Some are exotic, such as recently added Lusaka, Zambia, and Vietnam’s Ho Chi Minh City, starting next month.

But the company is also expanding its reach in the United States. It now flies from Dubai to six American airports, including Dallas/Fort Worth and Seattle, both added this year. It plans to add Washington flights in September.

Two weeks ago, Emirates announced a new codeshare deal with New York-based JetBlue Airways. That arrangement will tack an Emirates code and flight number onto JetBlue flights from New York’s JFK airport to a dozen U.S. destinations, including Chicago and Boston.

Sheik Ahmed, 53, spoke with The Associated Press on Tuesday in Dubai. He talked about……

Read this great AP Interview and story in full at the Daily Reporter…..

ADAM SCHRECK  AP Business Writer
First Posted: May 01, 2012

[AFP Paris] Etihad Airways, the United Arab Emirates carrier said Tuesday it has acquired a 2.987 per cent stake in Irish airline Aer Lingus.

About 8.3 million passengers traveled on Etihad Airways last year: (Al Arabiya News)

About 8.3 million passengers traveled on Etihad Airways last year: (Al Arabiya News)

Etihad said the “purchase reflected its desire to forge a commercial partnership with the Irish national carrier,” adding that “a possible partnership could produce significant commercial benefits for both airlines.”

The airline did not give financial details of the deal nor say where it had acquired the shares from. The Irish government holds 25 percent of Aer Lingus but earlier this year said it wanted to sell its stake.

Low-cost pioneer Ryanair has a 29-percent stake in its Irish rival.

Aer Lingus said in a separate statement that Etihad had agreed not to increase its holding in the company without prior discussions between the two. Additionally, it said that the two airlines were discussing the possibility of code-sharing, talks which might be extended to include shared purchases so as to save costs.

Etihad operates 10 flights a week from Abu Dhabi to Dublin and has carried more than 750,000 passengers between the two capitals since it began flying the route in July, 2007.

It has boosted its profile in Ireland and recently renewed its sponsorship of the Gaelic Athletic Association, which promotes Irish traditional sports, in a five-year deal.

Etihad, which is owned by the Abu Dhabi government, carried 8.3 million passengers last year and serves 84 passenger and cargo destinations in the…..

Read the full story at Al Arabiya News

By AFP, Paris
1st May ,2012

Emirates Announces Codeshare with JetBlue offering seamless connections available at JFK to a dozen U.S. cities.

Seamless connections to a dozen U.S. cities

Seamless connections to a dozen U.S. cities

Emirates customers travelling to the United States will soon enjoy seamless connections to a dozen U.S. cities, after the airline announced the start of a one-way codeshare with JetBlue.

The codeshare  will further strengthen the relationship between Emirates and JetBlue. The two airlines have been interline partners since 2010,  enabling customers to enjoy the convenience of a single combined ticket for Emirates and JetBlue-operated flights, plus other  benefits including one-stop check-in and baggage transfer.

“Emirates’ network within the United States will soon extend to almost 20 cities through our partner JetBlue, making flying to the U.S. from the Gulf, Middle East, Africa, the Indian Subcontinent and the Far East smoother and more convenient than ever before,” said

Thierry Antinori, Executive Vice President of Passenger Sales Worldwide. “JetBlue shares our passion for innovation and best-in-class services, and we look forward to continuing to grow the relationship as we seek new ways to build our presence within the United States,” continued Mr Antinori.“We are pleased to expand upon our successful relationship with Emirates through this new codeshare at JFK, where JetBlue is the number one airline,” said Scott Laurence, JetBlue’s Vice President of Network Planning and Partnerships. “Emirates has been a terrific travel partner for JetBlue, affording our customers easy access to all corners of the globe in comfort and style.”

Emirates customers can connect to JetBlue services at New York’s JFK Airport. As a one-way codeshare, an Emirates’ flight number will be placed on JetBlue services to the following cities:

Boston (BOS), Burlington (BTV), Buffalo (BUF), Charlotte (CLT), Chicago (ORD), Fort Lauderdale (FLL), Jacksonville (JAX), Orlando (MCO), Portland Maine (PWM), Raleigh/Durham (RDU), Tampa (TPA) and Washington Dulles (IAD).

At JFK Airport, Emirates operates from Terminal 4 while JetBlue operates from the adjacent, 26-gate Terminal 5, allowing for easy connections between flights.

In addition, the Quick Connect service available at JFK makes transfers even more hassle-free. Available to all customers with a confirmed onward flight departing within three hours of their Emirates’ flight arrival, Quick Connect enables customers to advance to the head of a specially designated passenger security checkpoint lane at their connecting terminals. The service also extends to baggage, with Emirates arranging the transfer of baggage on to the connecting flights.

Read the original story at the Dubai Chronicle….

Dubai Chronicle
19th April 2012

Shanghai Airport: An Etihad Airways aircraft that landed at 11:28am from the United Arab Emirates was heading for the terminal and had to stop because of a group of more than 20 angry passengers.

Angry passengers stop Etihad plane in Shanghai

Angry passengers stop Etihad plane in Shanghai

The passengers refused to board an plane at Pudong International Airport in Shanghai then took their protest onto the taxiway to demand compensation for their delayed flight, airport and airline officials said.

Shanghai airport authority said that airport officials quickly managed to persuade the passengers to leave the taxiway and took them back to the terminal. The whole process lasted about five minutes and the incident didn’t otherwise affect flights at the airport.

The airport said the passengers, who are now under investigation, were among 161 people whose flight from Shenzhen, in southern China’s Guangdong Province,  to Nanjing was delayed by poor weather on Tuesday evening.

The Shenzhen Airlines’ Flight ZH9817 had been scheduled to land in the eastern city of Nanjing at 6:50pm and then fly on to Harbin in northeastern China’s Heilongjiang Province at 10pm, said Li Weiqi, an airline spokeswoman. But on the way to Nanjing, the Airbus 320 encountered a thunderstorm and had to land at the Pudong airport at around 8pm.

The airline put the passengers up at a nearby hotel and agreed to arrange other flights the next day to take them to Nanjing or Harbin when the weather cleared, Li said.

“The airline officials have done all that they should do when encountering bad weather,” she said.

Most passengers took another flight to Harbin, while the remaining 40 were due to leave for Nanjing at 11am yesterday, but more than 20 of them refused to board the plane and demanded the company compensate them for the delay, according to the airport. “Since no one was coming up to solve our problem, we decided to rush to the runway,” a man who said he was one of the passengers wrote on his microblog.

He uploaded pictures showing the passengers, carrying their luggage, walking on the taxiway. There were a number of online replies to his post urging the passengers to get back to the terminal, but he responded:

“No way, we are going toward the airplane.” Then he wrote: “Seems like an international airplane has to suffer. We stopped it from moving.”

The passengers’ behavior stirred public anger online with accusations that by acting selfishly the group had put other passengers’ lives in danger. “Trying to block other airplanes just to get some compensation for flight delayed by poor weather?

Shenzhen Airlines later agreed to pay compensation of 1,000 yuan (US$158.5) to each of the passengers on the delayed flight. But the protesters’ victory could be costly. The passengers who went onto the tarmac could be detained for five to 10 days with fines and might face criminal penalties of up to five years in prison under Chinese law, said Liu Chunquan, a senior lawyer with the Panocean Law Firm in Shanghai.

“The passengers should be punished because they have threatened the safety of hundreds of other passengers by rushing onto the runway,” Liu said. The airport should also take some responsibility because its staff failed to stop the passengers from leaving the terminal and entering the taxiway….

Read the full story at….
By Xu Chi and Yang Jian | 2012-4-12

Revenues at Etihad Airways increased 28 percent in 1Q2012 to US$989m, it was announced today, signifying the UAE carrier’s best ever quarterly performance. During the three-month period ending March 31, the Abu Dhabi-based operator also carried 2.4m passengers, an increase of 500,000 compared to the year ago quarter.

Revenues at Etihad Airways increased 28 percent in 1Q2012

Revenues at Etihad Airways increased 28 percent in 1Q2012

Etihad also said it was launching a new services to as-yet unnamed destinations in South America and Vietnam next year.

CEO James Hogan, presenting the results at a roundtable event today, said the performance was “the best quarter in terms of revenues” the company has had.

CEO James Hogan, presenting the results at a roundtable event today

CEO James Hogan, presenting the results at a roundtable event today

Hogan claimed that based on the latest revenues Etihad was on track to become a US$5bn per year company by the end 2012.

“Despite tough economic times we believe our business model of organic network growth combined with codeshare partnerships and strategic equity investments will enable us to continue to prosper and ensure sustainable profitability,” Hogan added.

Revenues derived from air cargo operations were up 12.2 percent to US$159m during the quarter, Hogan said.

However, he also warned of the impacts of fluctuations in fuel costs on Etihad’s future performances.

“Fuel prices are are our largest variable cost and they were tracking higher than 2011. We remain committed to an active fuel hedging strategy. 80 percent of our first quarter’s fuel costs were hedged and we currently have 74 percent of fuel costs hedged for the rest of 2012,” Hogan added.

Etihad posted its first ever profit in February 2012, when it reported a full year net income of US$14m for 2011, based on a 36 percent increase in revenues to US$4.1bn.

Read the full story at…..

By Claire Valdini –
Tuesday, 3 April 2012