Revenue from its partnerships with other carriers rose 30 percent to $820 million last year, representing 21 per cent of passenger revenues.
Revenue from its partnerships with other carriers rose 30 percent to $820 million last year, representing 21 per cent of passenger revenues.
Talks between the airlines intensified last month and sources close to the matter said Etihad might be interested in buying a stake of up to 40 per cent in the Italian carrier.
Qatar Airways chief executive Akbar Al Baker on Saturday flayed Indian authorities for a “protectionist aviation policy” and said the airline is keen to expand its network in the South Asian nation.
Qantas Airways is no longer indispensable to Australia because of the growth of its second largest carrier Virgin Australia Holdings, Virgin’s chief executive officer John Borghetti said.
Air Arabia has strengthened connectivity with Egypt with the launch of non-stop services to Cairo, the capital city.
The loss for the six months through December 2013 followed an AU$111 million ($114 million) profit for the same period a year earlier.
The new route will launch on October 26, 2014 using two-class Airbus A330-200 aircraft, with 22 Pearl Business seats and 240 Coral Economy seats.
Royal Jet, Abu Dhabi’s private jet operator, will finalise its fleet procurement plan comprising seven business jets worth in excess of $750 million by the second quarter of the year, its chief executive officer Shane O’ Hare said.
The airline has been battling record fuel costs and fierce competition from subsidised rivals and in December said 1,000 jobs would go while warning it faced a half-year loss of up to A$300 million.
The show is taking place at Al Bateen Executive Airport, Abu Dhabi’s dedicated business aviation airport, and will conclude on Thursday.