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Etihad Airways buys more freighters

Etihad Airways buys more freighters

Fri, 27 Jan 2012

UAE flag-carrier aims to double its Airbus fleet as it eyes expansion of air cargo network

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Etihad Airways has ordered two more A330-200 freighters in a deal worth US$423 million, the Abu Dhabi carrier said yesterday, adding that the move was aimed at doubling the size of its Airbus fleet.

Operating a cargo fleet of seven freighters at present, Etihad also has two B777 freighters on order.

President and CEO James Hogan said in a statement: “We are strongly committed to building our presence in the cargo sector with Abu Dhabi as our hub to connect global trade lanes.”

Etihad Airways, a launch customer for the Airbus 330-200F, operates the freighters on routes to Addis Ababa, Almaty, Beijing, Arbil, Frankfurt-Hahn, Hong Kong, Johannesburg, Milan and Nairobi.

The latest order is aimed at boosting cargo traffic in the UAE capital, which achieved a 10% in 2011 over the previous year, to 481,500 tonnes, the Abu Dhabi Airports Company said recently.

Etihad Airways has been expanding its fleet in line with an aggressive route expansion strategy; last month, it announced orders for 10 B787-9 Dreamliners valued at $2.3 billion.

The UAE flag-carrier yesterday also launched a reciprocal code-share agreement with Air Seychelles. The news followed Wednesday’s announcement that Etihad was to buy a 40% stake in the national carrier of the Seychelles.


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