16/05/2025 06:02 AST

Etihad Airways has confirmed an order for 28 wide-body Boeing aircraft - marking another major order for the US aircraft maker during President Trump's visit to three Gulf states.

The Etihad deal includes a mix of Boeing 787 and 777X aircraft, which will have GE engines and supported by a services package. The aircraft are 'expected to join the fleet from 2028 onwards'.

These will 'support Etihad's existing plans for growth in connectivity, operational efficiency, and guest experience'.

"Since 2023, the airline has steadily grown its fleet as part of a long-term strategy to double in size by 2030," the UAE airline said in a statement.

"This commitment reflects our approach of carefully managing our fleet and expanding in line with demand and our long-term network plans," said Antonoaldo Neves, Chief Executive Officer, Etihad Airways.

"Since 2023, we've made consistent additions to our fleet, and this latest step ensures we continue to meet our future requirements."

Etihad is finalising a 'detailed plan' to shape its strategy through to 2035. "The additional Boeing aircraft will form part of that evolving roadmap, ensuring the airline is well-positioned to deliver extraordinary customer experiences and to remain financially self sustainable," the statement added.

According to agency reports, the White House said Boeing and GE had received a commitment from Etihad Airways to invest $14.5 billion to buy the aircraft.

The deal also comes when talk about an imminent IPO from Etihad Airways is reaching a fever pitch. The airline's financials of the recent past show a good deal of heft, with the ongoing reworking of routes and fleets working to its favour.


Gulfnews

Ticker Price Volume
Financial markets development essential to Qatar's comprehensive financial strategy: QCB Governor

16/05/2025

Under the patronage of HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Qatar Financial Markets Authority (QFMA)'s annual conference kicked off o

QNA

PIF appoints Saad Alkroud to lead local real estate investments, Maram Al Johani as act.s chief of staff

16/05/2025

The Public Investment Fund (PIF) has announced key leadership appointments following the transition of Eng. Aiman AlMudaifer to Managing Director and Chief Executive Officer of NEOM.

These a

Saudi Gazette

Saudi Arabia's inflation rate holds steady at 2.3% in April: GASTAT

16/05/2025

Rent increases and fuel price rises across April saw Saudi Arabia post an annual inflation rate of 2.3 percent for the second month in a row, official data showed.

According to the latest fi

Arab News

Saudi Arabia forges ahead in AI and tech through US partnerships

16/05/2025

Saudi Arabia is advancing its artificial intelligence, cybersecurity, and cloud computing capabilities through agreements signed with leading US tech firms during an investment forum in Riyadh.
<

Arab News

US and Qatar sign agreements worth $1.2 trillion during Trump's visit to Doha

15/05/2025

US President Donald Trump and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani agreed deals in Doha on Wednesday that the White House said were worth $1.2 trillion, including a massive order from Qatar A

Arab News