Etihad Airways to acquire stake in Swiss carrier Darwin Airline

Published on : Monday, November 18, 2013

etihad-airwaysEtihad Airways is acquiring a 33.3 percent stake in Swiss carrier Darwin Airline which it plans to rebrand as Etihad Regional after the deal receives regulatory approval, announced the Airways during Dubai Airshow which took off on Sunday.

Etihad Airways began the show with an $18.2-billion order for Boeings, including 25 777Xs and one 777-200 freighter, Boeing said. The deal also included an order for 30 787 Dreamliners, making the fast-growing carrier, the largest single customer for the medium-body plane.



The Abu Dhabi carrier also announced it was taking an option to buy another 26 aircraft from Boeing. The total value of the order, including engines and options, amounts to $25.2 billion, according to Etihad.The 13th Dubai Airshow, which runs until Thursday, is being held for the first time at the just opened Al-Maktoum International, the emirate’s second airport and touted to become the world’s biggest when complete.At the 2007 Dubai Airshow, sales of $155 billion were announced, and analysts have projected that orders this time could nudge that record.



With some 150 aircraft on the tarmac and 1,000 exhibitors, the show cements the Gulf region’s hard-won position as the global hub for 21st century travel, spearheaded by booming airlines whose reach encompasses the world.

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