Airways have jointly taken a new step forward in their strategic business development through a fundraising initiative.
At a series of road show meetings held in Abu Dhabi, Dubai and London, the shared strategies of the carriers were laid out to financial institutions, resulting in the collection of USD500 million.
James Hogan, president, Etihad Airways, said that the success of this transaction is a major endorsement of a common vision. “We have already been able to identify significant opportunities together, whether that be in shared IT platforms, joint fleet procurement or shared training costs. Commercial fund-raising is no different,” he added.