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2/14, 8:13 AM (Source: TeleTrader.com)
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Etihad reveals major changes in Airbus, Boeing orders

Etihad Aviation Group announced on Thursday it is changing the orders it made with large aircraft manufacturers Boeing and Airbus, to take fewer long-range airplanes. the National reported. Following the talks with Boeing and Airbus, Etihad agreed to accept deliveries of five long-range Airbus 350-1000 models and 26 Airbus 321neos, as well as six Boeing 777-9X. Additionally, Boeing will continue delivering its 787 Dreamliner to the Abu Dhabi carrier. Further details of the agreed terms were not revealed at this time.

According to the report, current Boeing and Airbus contracts with the aircraft parts plant in Al Ain, UAE have not been affected by Etihad's restructuring plans. Having completed the talks with its suppliers, Etihad stressed that it can now "concentrate on the phased introduction of new aircraft types, enabling an efficient rationalization" of the fleet.

The review of the orders comes amid Etihad's efforts to recover from significant losses suffered since 2016. The carrier's new chief Tony Douglas said that the company is focusing on taking passengers from and to Abu Dhabi, adding that its primary focus is not being a major intercontinental airline.

Breaking the News / SS