• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Sunday, May 18, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Global News

Etihad Airways Announces Indefinite Grounding of Its Entire Airbus A380 Fleet.

Trading Room Reporter by Trading Room Reporter
in Global News
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter

UAE national carrier Etihad Airways said on Sunday its fleet of Airbus superjumbo A380s will remain grounded as part of a strategy to become ‘a mid-sized carrier by operating only twin-engine wide body aircraft until a rebound in demand happens.

RELATED POSTS

Ali Hussein Kassim Joins Angaza as Non-Executive Member.

Tesla Liquidates 75% of its Bitcoin Holding as Production Challenges Impact Earnings

Twitter Board Accepts Elon Musk’s Acquisition Offer.

An Etihad spokesperson said as the airline continues ‘to focus on recovery and rebuilding its global network, it will continue to rely on the efficiencies and advantages of its twin engine, wide-body aircraft.

‘As Etihad continues to focus on recovery and rebuilding our global network, we will continue to rely on the efficiencies and advantages of our twin engine, wide-body aircraft. During this period, Etihad’s 10 A380s will remain grounded, unless the demand grows and there is sufficient appetite to reassess their viability, the spokesperson said. Etihad has a fleet of 10 Airbus 380-800 aircraft that have been out of service since the outbreak of Covid-19.

Earlier, in an internal memo, the carrier has reportedly told the cabin that they would be notified by e-mail about whether they were being furloughed. In October, the airline indicated that it would be revamping its operating model into a mid-sized airline that is ‘leaner, flatter and scalable to support organic growth as air travel resumes in the wake of the pandemic.

Last month, Etihad removed its Airbus A380 fleet from its flight schedule indefinitely. Previously, it has only been removing A380s from the schedule a month or two in advance. However, the A380s have now disappeared from Etihad’s flight schedules for the next 11 months. Etihad operated its A380s on crucial routes. However, the airline’s schedule, which shows flights up to September 2021, indicates that all destinations usually served by the A380 will be operated by 787-9s.

Recently, Tony Douglas group chief executive officer of Etihad, said as a responsible business, the airline can no longer continue to incrementally adapt to a marketplace that it believes has changed for the foreseeable future. ‘That is why we are taking definitive and decisive action to adjust our business and position ourselves proudly as a mid-sized carrier.

‘The first stage of this is an operational model change that will see us restructure our senior leadership team and our organization to allow us to continue delivering on our mandate, ensuring long-term sustainability, and contributing to the growth and prominence of Abu Dhabi.

Buy JNews
ADVERTISEMENT

‘By embedding the new structure, the airline will strengthen its focus on its core offering of safety, security, service; continue developing its industry-leading health and hygiene programme Etihad Wellness; and prioritise innovation and sustainability, which are essential to the future of the airline, Douglas had said.

Post Views: 994
Tags: African AirlinesEmerging MarketsGlobal EconomyInvestmentsspotlight
Previous Post

Relief to Consumers as Fuel Prices Drop in EPRA Review

Next Post

Asian Markets Rise as Countries in Region Sign World’s Largest Trade Alliance

Trading Room Reporter

Trading Room Reporter

Related Posts

ali hussein kassim ANGAZA
Global News

Ali Hussein Kassim Joins Angaza as Non-Executive Member.

by Felix Ochieng
Elon Musk Tesla
Global Economies

Tesla Liquidates 75% of its Bitcoin Holding as Production Challenges Impact Earnings

by Githere Eddie
Elon Musk Twitter
Global News

Twitter Board Accepts Elon Musk’s Acquisition Offer.

by Joan Stacy
International Monetary Fund (IMF) Afghanistan
Global News

IMF Halts Afghanistan from Access to Funds, Loans After Taliban’s Weekend Takeover

by Trading Room Reporter
Next Post

Asian Markets Rise as Countries in Region Sign World’s Largest Trade Alliance

NSE Nairobi Securities Exchange (NSE)

NSE Extends Suspension of Trading on Nairobi Business Ventures

NSE Nairobi Securities Exchange STOCK MARKET

Market Report; 16 November,2020

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,098)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,189)
  • Hilda Njeru Takes over at CDSC (2,056)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (1,899)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,798)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Equity Group Africa Guarantee Fund

Equity Group Receives 500Mn from AGF in MSMEs Financing Deal

Image of workers of NSE discussing Market report

NSE Market Report 11 April 2025: Britam moves 15.1 Million Shares

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$349.98  2.09%  
GME 
$28.45  0.63%  
MSFT 
$454.27  0.25%  
AAPL 
$211.26  0.09%  
AMC 
$2.95  4.98%  
ABNB 
$138.00  0.88%  
GOOGL 
$166.19  1.36%  
AMZN 
$205.59  0.20%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?