Air Arabia Abu Dhabi: Etihad Airways, Air Arabia partnering to set up Abu Dhabi’s first low-cost airline

      Published on Wednesday, 16 October , 2019      156 Views     
Air Arabia Abu Dhabi: Etihad Airways, Air Arabia partnering to set up Abu Dhabi’s first low-cost airline


Etihad Aviation Group and Air Arabia announced on Wednesday they have signed an agreement to launch Air Arabia Abu Dhabi, the first low-cost carrier based out of the UAE capital.



The two aviation companies will establish a joint venture that will operate as a budget airline based out of Abu Dhabi International Airport.

While Sharjah-based Air Arabia already has hubs in other countries including Egypt and Morocco, its presence in Abu Dhabi will be under a newly-created entity and not as an additional hub, Gulf News understands.

The board of directors of the joint venture will consist of members nominated by Etihad and Air Arabia, and the company will have an independent strategy and business mandate.

The legal framework around the operation of the joint venture is yet to be established.



Tony Douglas, group chief executive officer of Etihad Aviation Group, said that the partnership will serve Abu Dhabi’s tourism goals and contribute to the emirate’s economic growth.

Keywords:
Category Business | 2019/10/16 latest update at 11:39 PM
Source : Gulf News | Photocredit : Google
157 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Dubai Today would like to give all of its readers from Gulf and Dubai and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Dubai Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Dubai, the Gulf and the world.


Dubai ruler appoints Emirates chairman to oversee Dubai Holding, Meraas Business

Dubai ruler appoints Emirates chairman to oversee Dubai Holding, Meraas

Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum has appointed the chairman of Emirates airline to temporarily oversee his…

Sheikh Mohammed Bin Rashid posted Diwali wishes for UAE residents Dubai News

Sheikh Mohammed Bin Rashid posted Diwali wishes for UAE residents

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler…

Sheikh Mohammed congratulates Kuwait Amir on safe return Emir

Sheikh Mohammed congratulates Kuwait Amir on safe return

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice president and Prime Minister of UAE and Ruler of…

Mohammed bin Rashid offers condolences to Saudi King Emir

Mohammed bin Rashid offers condolences to Saudi King

Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al…

GULF TV

Popular in GULF TV

Freelancing in the UAE region

2836 Views

The global freelancing market is set to grow $20bn by 2020. Where does the market stand here in…

Latest videos in GULF TV

Events

Lifestyle

Culture

Sport

Science & Technology

Government