Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said: Airlines Give up Artwork, Frequent Flyer Programs, Landing Slots, and Board Seats to Survive, Out of Jobs, Airline Pilots Have Nowhere to Go, Airlines are Illegally Keeping $35 Billion by Denying or Delaying Ticket Refund According to IATA, Intercontinental Flights Accelerated the Virus Spread. From our home in Abu Dhabi, we fly to passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and North America. 21.07.2020 - 12:57 UTC. Fourth Quarter Results 2020 Spreadsheet Monthly traffic figures. Through creativity and innovation, we're committed to providing choice and value – in Abu Dhabi and around the world. Since launching in 2013, we have helped pave the way for a brighter future for more than 140,000 children across the globe. Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, has reported a 50% year-on-year rise in pharma shipments under its specialised PharmaLife product. The airline carried 3.5 million passengers for the first six months of 2020 and posted losses of $758 million for this period on revenue of $1.7 billion. Etihad Airways. In keeping with our policy of financial transparency, our site houses annual reports dating back to the financial year 1993-1994. Etihad mainly operated repatriation flights from April to June and raked in a mere $60 million in passenger revenue for all three months combined. Read: Emirates Cabin Crew Stares at Debt Trap. Etihad Airways (EY, Abu Dhabi Int'l) is cutting another 400 pilot jobs according to an internal memo sent to staff by Vice President (Flight operations), Sulaiman Yaqoobi. Released today in its 2019-20 Annual Report, the Emirates Group posted a profit of AED 1.7 billion (US$ 456 million) for the financial year ended 31 March 2020, down 28% from last year. Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, has reported a 50 per cent year-on-year rise in pharma shipments under its specialised PharmaLife product. Etihad managed to maintain a satisfactory level of liquidity despite a major drop in revenues, while continuing to raise new liquidity … Together with our codeshare partners, our network offers access to hundreds of international destinations in … Spreadsheets; Results Center; Traffic Releases; Presentations; Annual Reports; Sustainability Report; 20F; SEC Filings ; Material Fact; Pre Merger Information; TAM S.A Financial Statements; Debt Information; Annual Reports Annual Reports INTEGRATED ANNUAL REPORT 2019. “Etihad Cargo’s extensive global road feeder service network empowers Etihad Cargo customers with access to markets not yet on the airlink network. Abu Dhabi, United Arab Emirates – Etihad Airways has announced its financial and operating results for 2020, recording a 76% fall in passengers carried throughout the year (4.2 million, compared to 17.5 million in 2019) as a result of lower demand and reduced flight capacity caused by the unparalleled global downturn in commercial aviation. You can download each report in English or Arabic. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said: “Etihad faced a set of enormous and unpredictable challenges in the first six months of the year. Abu Dhabi, United Arab Emirates – Etihad Airways has announced its financial and operating results for 2020, recording a 76% fall in passengers carried throughout the year (4.2 million, compared to 17.5 million in 2019) as a result of lower demand and reduced flight … Created with Sketch. Virtually every airline that is still afloat posted second-quarter losses running up to billions. News; Services; Aircraft ; ESG; Careers; Contact Us; Customer; Eng 中文; News. An uptick in cargo revenue could not save the airline from being in the red. Etihad after years of heavy losses was successfully achieving milestones of a multi-year transformation program, but the coronavirus induced lack of travel demand derailed the airline’s transformation program. Its report for the first half of 2020 said that, before the pandemic crushed demand for flights, it had been on track for its strongest financial results since 2015. The ecoDemonstrator program utilizes commercial aircraft to test technologies that can make aviation safer and more sustainable now and into the future. This gives the airline access to funds in the form of investments or cheap loans to survive the crisis. By Amanda Collins. Our fully audited annual reports are prepared in accordance with International Financial Reporting Standards. Etihad Airways has provided details of its half-year 2020 performance, which saw a strong start to the year, with the airline progressing well ahead of its transformation plan targets. Speaking at the Gulf Innovation Forum, Robin Kamark said the airline is now hoping to return to the black at the end of a five year turnaround programme. A state-of-the-art Etihad Airways Boeing 787-9 Dreamliner touched down in Lagos this morning after its inaugural flight from Abu Dhabi. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said: “Etihad faced a set of enormous and unpredictable challenges in the first six months of the year. All Rights Reserved. Building on Etihad’s efforts to promote education around the world, this pillar focuses on renovating schools and providing education supplies across India, Kenya, Lebanon, Serbia, Greece, Morocco, Egypt, Hong Kong, Philippines, Yemen, Bosnia, Uganda, Bangladesh and Sri Lanka. The remainder of the workforce in on pay cut ranging from 25%-50%. Passenger demand dropped 99%, and load factor plummeted to 16% (only 16 passengers traveled for every 100 seats flown) for the second quarter of the year. Welcome to Etihad Airways. The most recent annual reports can be viewed and downloaded below: 2020; 2019; 2018; 2017; 2016; Created with Sketch. The road feeder service performed particularly well within Europe and North Africa in 2020 with 15,119 total truck journeys – an average of 350-plus per week – within the first 10 months of this year,” explained Andre Blech, Director Cargo Operations and Delivery, Etihad Aviation Group. View and download our latest fact sheets to find out everything you need to know about Etihad Aviation Group. A Member of Bank of China Group Eng ... Financial Results Annual Reports Corporate Presentations Corporate Governance Investor Relations Contacts Financial Calendar Annual General Meeting 2020 Analyst Coverage BOC Aviation Investor Day. Driven largely from a demand for both CRT (+15 to +25°C) and COL (+2 to +8°C) segments, Etihad Cargo has also received strong growth for ERT (+2 to +25°C) shipments, launched towards the end of 2020. Etihad and Boeing see a great opportunity to collaborate and share knowledge to minimize the impact of aviation on the environment." The partnership will provide Etihad Airways with global access to the Moog Inc. component pool and Moog Inc. will work with Etihad Airways Engineering to expand the company’s component capability onsite to become a centre of excellence for component repair and overhaul. This left us in a relatively robust position when COVID-19 hit, allowing us to act with agility and to mobilize all available resources as the crisis deepened, taking major steps to reduce costs through a wide-reaching series of measures.”. Now They are Doing it Again, First Direct Commercial Flight from Israel to UAE Land in Abu Dhabi, Airline Industry Shrink to Adapt to Coronavirus Crisis, Norwegian Posts $600 Million Loss for the First Six Months of 2020, Indian Government is Silently Punishing Emirates, Etihad, and Qatar Airways, Negative Covid-19 Certificate to Fly is a Flawed System, Emirates and Etihad Cabin Crew Yet Again Asked to go on Unpaid Leave, Delta Airlines to Furlough 1,941 Pilots Once CARES Act Support End, Innovation in Aviation Industry Faces Setback, Diverse Fleet Helps Qatar Airways Beat Middle Eastern Rivals, Coming Soon: Boeing Hand-held UV Wand to Sanitize Aircraft Cabin and Cockpit, Qantas Group Reports FY20 Financial Results. The photo has been used for illustrative purposes. Picture Credit: Etihad Oubed’s husband, Abdulmajid Koutrach, has not seen the family for four months after they were stranded as a result of the global lockdowns caused by the Coronavirus pandemic. Add Comment. Etihad Airways has provided details of its first half-year 2020 performance, which saw a strong start to the year, with the airline progressing well ahead of its transformation plan targets. Etihad Aviation Group Since 2003, we've evolved from a regional carrier into a global aviation challenger. The Central Bank of the UAE (CBUAE) has announced the issuance of a Small to Medium Sized Enterprises (SMEs) Market Conduct Regulation to promote best practices among licensed financial institutions (LFIs) when engaging with SMEs. Etihad Aviation Group- Aircraft Mechanic Programme Year 2020 Published by aerobaba on 15th April 2020 Etihad Aviation Group is offering Aircraft Mechanic Programme in Abu Dhabi. Etihad Airways announced half-yearly results which saw stellar results for February but were repressed in subsequent months once travel restrictions were enforced. 8 Etihad Airways Annual Report 2014 Etihad Airways posted a record net prof-it of US$73 million in 2014, its fourth con-secutive profit. Etihad Cargo Reports 50% Y-O-Y Rise in Pharma Shipments Carrier operates across more than 1,050 pharma trade lanes and counts 54 dedicated pharma stations in its global network Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, has reported a 50 per cent year-on-year rise in Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills has announced the completion of its beachfront living destination, Maryam Beach Residence on Maryam Island, Sharjah. It was on target to achieve an earnings before interest, taxes, depreciation, and amortization (EBITDA) figure of $900 million in 2020, compared to $453 million in 2019. Adam Boukadida, Chief Financial Officer, Etihad Aviation Group, said: “This year started strong, riding on the positive momentum gained in 2019, and by the end of the first quarter, the airline was on track to achieve a 2020 EBITDA of US$ 900 million (2019: US$ 453 million). Earnings submenu. The Business Registration and Licensing (BRL) sector in Dubai Economy and Amazon have launched a new programme to support DED Trader licence holders by providing interactive e-Learning content to help them thrive in the digital economy. The series also includes language lessons from the hospitality crew who provide simple lessons for those wishing to learn French, Spanish or Arabic. We started 2020 strong and recorded encouraging results as part of our continuing transformation program. “Securing these excellent annual results in Etihad Cargo’s key performance metrics of OTP and DAP, which measure the punctuality of the freighter fleet against the schedule and ability to deliver cargo at an agreed time, demonstrate the reliability of the freighter service,” explained Martin Drew, senior vice president sales and cargo, Etihad Aviation Group. The airline carried 3.5 million passengers for the first six months of 2020 and posted losses of $758 million for this period on revenue of $1.7 billion. Now They are Doing it Again. © 2021 Rate a Cabin Crew. Etihad reports strong start to 2020 with second quarter impacted by Covid-19. Etihad Aviation Group Aircraft Mechanic Programme 2020 (UAE) ... • Attend practical training when assigned to do so and report to assigned Trainer. Read: Out of Jobs, Airline Pilots Have Nowhere to Go, Read: Airlines are Illegally Keeping $35 Billion by Denying or Delaying Ticket Refund According to IATA. Etihad is backed by possibly the wealthiest royal family in the world through their investment vehicles. Etihad Airways flight EY673 took off from Abu Dhabi at 2.35am and arrived on schedule at 7.10am local time. Driven largely from a demand for both CRT (+15 to +25°C) and COL (+2 to +8°C) segments, Etihad Cargo has also received strong growth for ERT (+2 to +25°C) shipments, launched towards the end of 2020. Our world-class training facility, is located at the crossroads of Europe and the Indian sub-continent, and with a comprehensive portfolio of programs we are ready to help you meet your aviation training goals. Etihad Aviation Group announced a strategic 15-year collaboration with Moog Inc. at the Bahrain International Airshow 2018. The emirate of Abu Dhabi was a joint-owner of Gulf Air along with Bahrain, Qatar, and the Sultanate of Oman and was based at Abu Dhabi International Airport from the 1970s until September 2005, when Abu Dhabi withdrew from the airline, leaving it an Oman and Bahrain-owned airline until Oman's withdrawal in 2007 to focus on Oman Air. Write to Amanda Collins at Amanda.Collins@rateacabincrew.com, Read: Airlines Give up Artwork, Frequent Flyer Programs, Landing Slots, and Board Seats to Survive. The UAE was ranked first in the Middle East region and jumped four places to 15th position globally in the latest Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, as the country’s business environment. Etihad operated only 40 aircraft out of a total fleet of 97 planes. Image: Etihad Cargo. The Group’s revenue reached AED 104.0 billion (US$ 28.3 billion), a decline of 5% over last year’s results. Operational Data For The Fourth Quarter And Year Ended 31 December 2020 … Etihad is not alone in posting losses. Amid all these challenges, Etihad entered into codeshare agreements with Air Arabia Abu Dhabi to feed regional passengers into Etihad’s global routes. Etihad Cargo has reported a 50 per cent year-on-year rise in pharma shipments under its specialised PharmaLife product. Etihad reports $1.7b operating revenues 06 Aug 2020 The photo has been used for illustrative purposes. Etihad Airways announced an encouraging 32 per cent improvement in its core operating performance for 2019 on revenues of $5.6 billion (2018: $5.9 billion). We started 2020 strong, and recorded encouraging results as part of our continuing transformation programme. The Emirates Group Annual Report 2019-2020 - … Etihad Cargo, the cargo and logistics arm of Abu Dhabi-based Etihad Aviation Group, has achieved 87 per cent on-time-performance (OTP) during 2020 – ahead of its 85 per cent target and despite a significant increase in flight utilisation. Emirates Telecommunications Group Company PJSC (Etisalat Group) was listed on the Abu Dhabi Stock Exchange (ADX) on June 2002 and has since filed annual and interim reports. The result was 52 per cent higher than the US$48 million achieved in 2013 by the core airline as a standalone business within the newly-formed Etihad Aviation Group. Download PDF 4.2 MB. Annual Report 2020 The World's Fastest Mobile Network. Etihad Aviation Training (EAT), part of the Etihad Aviation Group, is delighted to welcome you to Abu Dhabi - capital city of the United Arab Emirates. Etihad’s chief commercial officer has told an aviation conference being held at the airline’s training college in Abu Dhabi today that the carrier does not now expect to start turning a profit until 2023. Etihad Airways announced half-yearly results which saw stellar results for February but were repressed in subsequent months once travel restrictions were enforced. Etihad CEO, Tony Douglas confirmed redundancies of “several thousand” during this period, the worst hit being cabin crew and non-core operations. Stay Connected with AeroCareers – Aviation is for Everyone ! Read: Intercontinental Flights Accelerated the Virus Spread. Stellar results for February but were repressed in subsequent months once travel were. Has reported a 50 per cent year-on-year rise in pharma shipments under its specialised PharmaLife product to collaborate and knowledge! Repressed in subsequent months once travel restrictions were enforced arrived on schedule at 7.10am time. 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