UAE’s Etihad Airways reported a 63 per cent increase in full-year passenger traffic with partner Jet Airways to and from India, carrying a record 3.3 million passengers between Abu Dhabi and the subcontinent, compared to the 2 million flown in 2014.
Etihad Airways became the first foreign airline to invest in an Indian carrier under the current Indian Foreign Direct Investment Rules when it invested $750 million in Jet Airways for a 24 per cent equity stake in 2013. Etihad Airways today operates 175 flights each week to and from 11 Indian gateway cities. The combined networks of Etihad Airways and Jet Airways offer over 250 weekly flights between Abu Dhabi and 15 cities across India.
Together, both carriers are the market leader in terms of travel between India and the UAE. In terms of the overall international market, they fly between them approximately 20 per cent of all worldwide travellers to and from India, representing a large share of the country’s booming air travel industry.
In addition, Etihad Airways Cargo operates 14 weekly freighters to four cities in India and flies around 120,000 tons of cargo each year in and out of the country – representing around nine per cent of the total international market.
16/02/16 Gulf Digital News
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Etihad Airways became the first foreign airline to invest in an Indian carrier under the current Indian Foreign Direct Investment Rules when it invested $750 million in Jet Airways for a 24 per cent equity stake in 2013. Etihad Airways today operates 175 flights each week to and from 11 Indian gateway cities. The combined networks of Etihad Airways and Jet Airways offer over 250 weekly flights between Abu Dhabi and 15 cities across India.
Together, both carriers are the market leader in terms of travel between India and the UAE. In terms of the overall international market, they fly between them approximately 20 per cent of all worldwide travellers to and from India, representing a large share of the country’s booming air travel industry.
In addition, Etihad Airways Cargo operates 14 weekly freighters to four cities in India and flies around 120,000 tons of cargo each year in and out of the country – representing around nine per cent of the total international market.
16/02/16 Gulf Digital News
