Tuesday, 19 November, 2019

Emirates, Etihad airlines deny merger report

Emirates and Etihad Airways deny takeover plan Emirates and Etihad deny report of a merger
Russell Knight | 23 September, 2018, 05:02

Etihad Cargo, the cargo and logistics arm of Etihad Airways, today announced a much-anticipated refresh of its global freighter network that will be implemented commencing 1 October, 2018, marking a key milestone in its strategy to simplify its route network and maximise freighter-to-bellyhold flows.

Emirates and Etihad - on Thursday, 20 September, denied a Bloomberg report that suggested that the two will merge to create the world's largest carrier.

Etihad made a similar statement.

Dublin Int'l and Abu Dhabi Int'l airports are 116 kilometres apart.

Emirates and Etihad Airways deny takeover plan

Contacted by AFP, Emirates and Etihad denied the report, with spokespeople for both airlines saying there was no truth to the "rumour". Douglas has also been negotiating with Airbus SE and Boeing Co. after concluding that doubling the fleet is no longer viable, calling into question scores of wide-body jet orders.

Emirates is owned by the Government of Dubai while Etihad is controlled by the government of neighbouring Emirate and capital Abu Dhabi. Dubai is developing a new airport that will one day be able to handle around 200 million passengers a year and replace Dubai International, now the world's busiest airport for international passenger traffic, as Emirates' hub.

Rumours about a potential merger between the two carriers have been circulation for a few years now.

Meanwhile, a new terminal is scheduled to open next year at Abu Dhabi International Airport, where Etihad is based.

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Florentino Perez: 'Cristiano Ronaldo sale was for the best'
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