Posts tagged with "ABU DHABHI"

In Latest Cost-Cut, Abu Dhabi’s Etihad Airways to Sell 38 Aircraft in Billion Dollar Deal

In Latest Cost-Cut, Abu Dhabi’s Etihad Airways to Sell 38 Aircraft in Billion Dollar Deal
Etihad said it would sell 38 aircraft 22 Airbus A330s and 16 Boeing 777-300ERs in the deal with investment firm KKR and leasing firm Altavair AirFinance. Dubai: Abu Dhabi’s long-troubled Etihad Airways said on Tuesday that it will sell 38 aircraft to an investment firm and a leasing company in a deal valued at $ 1 billion. This comes as the latest cost-cutting measure by the United Arab Emirates‘ national carrier. Etihad said it would... 
 
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