Etihad Airways buys 5 Indian Jets as Airline tanks in wake of Sinking Indian Economy

[Fitnah.Police]

Etihad buys 5 Boeing 777-200 LR from Air India


PTI | Oct 9, 2013, 08.39PM IST

Etihad to buy 5 Boeing 777-200 LRs from Air India
Abu Dhabi, 7 hours, 32 minutes ago

Air India, saddled under huge debt, had put eight of its wide-body Boeing 777-200 LR (Long Range) planes for sale as part of its turnaround plan. The five aircraft, which Etihad is buying, have an average age of six years.


A spokesperson for the UAE airline said Etihad would deploy the aircraft on the new route between Abu Dhabi and Los Angeles, which it plans to start from June next year.


Etihad, in the first-ever investment by a foreign airline in an Indian carrier, has struck a Rs 2,058 crore deal to buy 24 per cent stake in Jet Airways in April as part of a strategic alliance to expand their global network.


"The Boeing 777-200 LR is a fantastic addition, giving us extra reach immediately and complementing our long term fleet strategy. We are looking forward to starting direct services to Los Angeles, as well as increasing our flying to South America. This is the aircraft to do that," James Hogan, president and CEO of Etihad Airways said in a statement.


Each of these planes would be re-fitted in a three class cabin configuration consistent with similar aircraft in the Etihad's fleet.


"It is expected the first aircraft will enter service in April 2014," the statement said.

http://www.tradearabia.com/news/TTN_244302.html

 

[the.paki]

Still their economy is far far better than pakistani in every manner

 

[Fitnah.Police]

ofcourse because it is on life support from the west...but for how long...

Still their economy is far far better than pakistani in every manner

 

[Cyber-E-Azam]

Air India has also been the victim of massive corruption and the case is not much different than PIA in most cases

 

[ngenius]

ofcourse because it is on life support from the west...but for how long...

Still their economy is far far better than pakistani in every manner

Pakistan has so much resources and potential but our puppet government doesn't want country to prosper. PML-N hijacked the election, people of Pakistan didn't give them mandate, they won it by corruption. Their main reason for winning is to further bankrupt Pakistan and make every child a salve of IMF.

 

[Pakistan1992]

Pakistan is still way better than ind in many ways, take out economy. ind is facing any external conspiracies USA is with them/UK/Israel

 

[hor_chupo]

On the support of west? You are going to the west and IMF with a begging bowl in hand..you were about to default on loan payments, IMF ke tukdon ke palte ho..and commenting on Indian economy[hilar]..Air India is selling off the planes as they have assured the govt. of generating revenue by themselves, govt will not bail them out. Nobody will buy, even if PIA decides to sell the crap, which it calls planes!

 

[khan afghan1]

Still their economy is far far better than pakistani in every manner

We not competing with India but India can not overtake China,and her dream is sinking thats
what we looking into.

 

[jaanmark]

[FONT=vidaloka_regular]Delayed salaries, pay cuts spark exodus of pilots from Air India[/FONT]

 

[modern.fakir]

[hilar][hilar] ...Look whose talking...if you can go to the west for something as minor as TOILET aid ...then who are you to tell us how we should be running our affairs !!...Save your economy as things as starting to go massively wrong for you...If you had been running air India properly in the first place then you wouldnt be needing to sell these planes....PIA is not selling anything.[hilar][hilar]

Fist build toilets ...Bhikari ...(bigsmile)

UK continues 1bn India "Toilet" aid despite 'peanuts' jibe


http://www.independent.co.uk/news/u...n-india-aid-despite-peanuts-jibe-6611887.html

On the support of west? You are going to the west and IMF with a begging bowl in hand..you were about to default on loan payments, IMF ke tukdon ke palte ho..and commenting on Indian economy[hilar]..Air India is selling off the planes as they have assured the govt. of generating revenue by themselves, govt will not bail them out. Nobody will buy, even if PIA decides to sell the crap, which it calls planes!

 

[Mr Justice]

The deal is not bad at all. Eithad will have the ownership rights over the planes, not like a lease agreement.

On the other hand, Gulf carriers have the strategy to flood the market with seats......that Emirates, so far, is doing very well.

Yes, someone mentioned that India is doing a lot better than Pakistan, which happens to be very true, someone agrees or not......but this is the bitter reality.....and Indians are far more patriotic and loyal to their country than that of Pakistanis......(I happen to be a Pakistani too)......

 

[Imranpak]

Some years back these Bharatis were all high and arrogant in thinking they will soon be challenging the US:lol: Now they are limping around like a beaten up dog with their economy in equal shambles. Kashmir has always been on edge, now Telengana seems to be on the brink of civil war as well.

 

[modern.fakir]

and bodoland, gorkhaland and 25 other states are brewing in anger over what they did in telangana. Air India is also tanking with over 90 % of graduates unemployable in India and every western country tightening their visa regime against Indians..

Yet some indians continue to live the false dream [hilar][hilar]

Some years back these Bharatis were all high and arrogant in thinking the will soon be challenging the US:lol: Now they are limping around like a beaten up dog with their economy in equal shambles. Kashmir has always been on edge, now Telengana seems to be on the brink of civil war as well.

 

[uetian]

1 Zardari+Gilaani jaisa set enko bhi mil jaey to 5 saal mein ye totally khallas ho jaien :lol: ... ham to phir abhi tak zinda haen ;) .. ..

Still their economy is far far better than pakistani in every manner

 

[modern.fakir]

Oh yes (bigsmile) ...sari shokhian khatm hojaiengi [hilar][hilar]

1 Zardari+Gilaani jaisa set enko bhi mil jaey to 5 saal mein ye totally khallas ho jaien :lol: ... ham to phir abhi tak zinda haen ;) .. ..

 

[the.paki]

ofcourse because it is on life support from the west...but for how long...

Brother pakistan is getting more assistence from US than any other country

 

[Fitnah.Police]

it is ...because NATO needs us for the supply line to run its war. I dont disagree with you :)

Brother pakistan is getting more assistence from US than any other country

 

[the.paki]

it is ...because NATO needs us for the supply line to run its war. I dont disagree with you :)

NATO needs us...............NATO needs pak army

 

[ngenius]

We should make dua to Allah (swtt) that may Allah give India leaders like Noora and Zaradari or worse. lol.

 

[modern.fakir]

There not to far off from that ...

We should make dua to Allah (swtt) that may Allah give India leaders like Noora and Zaradari or worse. lol.