logo
Etihad and China Eastern Airlines officially launched their joint venture

Etihad and China Eastern Airlines officially launched their joint venture

Post Views: 63
Etihad Airways and China Eastern Airlines have officially launched their landmark Joint Venture (JV). The Etihad Airways – China Eastern Airlines JV, initially announced in June 2024, now becomes operational, offering seamless connectivity and a stronger combined network. This JV signifies the long-standing ties between the UAE and China by offering expanded travel options and seamless travel experiences for passengers travelling between major Chinese cities like Shanghai, Beijing, Guangzhou, Xi'an, and Kunming, and key cities in the UAE and across the Middle East and Africa regions. The launch follows the successful arrival of China Eastern's inaugural MU237 flight from Shanghai to Abu Dhabi last week, which was celebrated with a welcome ceremony at Zayed International Airport. The service starts with four weekly frequencies and will increase to a daily frequency starting 12 September 2025, further boosting connectivity between the UAE and China. Building upon the launch of the Joint Venture, the two airlines have also signed a new agreement between their respective loyalty programmes at the Arabian Travel Market on 29 April. Starting 1 June 2025, members of Etihad Guest and Eastern Miles programmes can earn and redeem miles across both airlines' global networks — unlocking greater value and seamless travel experiences for loyalty members.
Arik De, Chief Revenue and Commercial Officer of Etihad Airways, said: 'The official launch of our Joint Venture with China Eastern is a major leap forward—not just for our two airlines, but for the future of both the UAE and China. By combining our networks and aligning our loyalty programmes, we're not only expanding choice and connectivity for our guests, but also setting the foundation for a new era of cooperation, innovation, and shared success across our markets.'
Wan Qingchao, Executive Vice President of China Eastern, stated: 'The launch of the Shanghai-Abu Dhabi route and the implementation of the joint business cooperation with Etihad Airways are key achievements in advancing our shared vision under the Belt and Road Initiative. Backed by a modern Zayed International Airport, we will further enhance our transit capabilities and improve travel convenience for passengers.'
The partnership is the first Joint Venture between a Middle Eastern airline and a Chinese airline, setting a precedent for future bilateral aviation agreements. Both airlines will continue to align in areas including codeshare flights, joint marketing initiatives, and customer experience enhancements.
The new China Eastern flight currently operates four times weekly (Mondays, Wednesdays, Thursdays, and Saturdays), with a one-way flight duration of approximately 9 hours and 20 minutes. The A330 aircraft is equipped with high-speed inflight Wi-Fi, enabling passengers to stay connected throughout the journey.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi's Etihad Airways may delay $1bln IPO to 2026
Abu Dhabi's Etihad Airways may delay $1bln IPO to 2026

Zawya

timean hour ago

  • Zawya

Abu Dhabi's Etihad Airways may delay $1bln IPO to 2026

Abu Dhabi's Etihad Airways is considering deferring its $1 billion IPO to the first quarter of 2026, allowing the UAE airline to capitalise on its recent partnerships, a source with knowledge of the matter told Zawya. These agreements include a JV with Ethiopia inked in March and another with China Eastern Airlines in April. The carrier has also accelerated its network expansion after the announcement of Wizz Air's decision to cease operations in Abu Dhabi from September 1. 'Etihad has done well signing JVs with partner airlines this year, and it now needs to deliver on these for its investors. While coming to market is not an issue, it just makes better business sense to push the IPO to early 2026,' the source said. Etihad is fully owned by the UAE wealth fund ADQ, and the airline's CEO, Antonoaldo Neves, has maintained that the decision to go public ultimately lies with its shareholder. Zawya reached out to Etihad, but no comment was available at the time of publication. The imposition of US-led tariffs, followed by a sudden flare-up in Middle Eastern tensions, had given markets pause, but Etihad's decision to defer its listing from H1 2025 was largely led by its growth strategy, the source said. 'Etihad is a national airline, with a shareholder that is not value sensitive. It wants to go public when there's a clearer story to map out its growth. You want to bring it [IPO] at the most opportune time, with market conditions that are 100% and will benefit the decision,' two banking sources familiar with the matter said. Growth plan Hungarian low-cost carrier Wizz Air's announcement this month has also created a market gap that could prove to be a lucrative opportunity for Etihad to capitalise on in the immediate months that follow, said analysts. Nishit Lakhotia, Group Head of Research at Bahrain's Sico Bank, said Wizz Air's decision to leave Abu Dhabi is an opportunity for Etihad to leverage its position as a market leader at a time when several airlines in the region have faced turbulence over repeated route cancellations and airport closures stemming from escalating geopolitical tensions. 'The total profitability of regional airlines last year was at record levels, and while some geopolitical challenges did affect Q2, the broader theme remains intact, and an Etihad IPO should ideally be on the cards,' said Lakhotia. Etihad has expanded rapidly after ownership was transferred to ADQ in late 2022, revising its growth target to carry 38 million passengers by the end of the decade, up from the previous goal of 33 million. In May, the airline reported a profit of 685 million UAE dirhams ($186.5 million) for the first quarter of 2025, up 30% year-on-year, driven by strong demand and efficiency gains. Fleet expansion has been a key focus of its $7 billion investment plan. Yet some say market sentiment towards aviation stock remains cautious following the muted performance of Saudi Arabia's budget carrier Flynas in June, as escalating tensions between Iran and Israel led to the closure of several airports and restricted airspace across the region. Despite being one of the biggest IPOs of the region at $1.09 billion, the airline's stock closed over 3% lower on its debut. John Strickland, an aviation analyst and the director of London-based JLS Consulting, observed that while there may be market sensitivity about investing in airlines currently, it would not present a hurdle to future listings in this sector. Strickland sees Etihad's IPO going ahead soon. (Reporting by Bindu Rai, editing by Seban Scaria)

Etihad's new A321LR to redefine narrowbody luxury
Etihad's new A321LR to redefine narrowbody luxury

Zawya

timean hour ago

  • Zawya

Etihad's new A321LR to redefine narrowbody luxury

Etihad Airways has taken delivery of its first Airbus A321LR (long range) following a ceremony on Thursday at the Airbus Finkenwerder site, marking a transformational milestone in the airline's fleet expansion strategy. The aircraft brings Etihad's signature widebody experience to short and medium-haul routes, with premium cabins typically found only on long-haul flights. This is the first of 30 A321LR aircraft scheduled to join Etihad's fleet, the airline said. Antonoaldo Neves, Chief Executive Officer of Etihad Airways, said: "Today marks an extraordinary moment for Etihad as we welcome an aircraft that changes everything we thought possible on a single-aisle plane. The A321LR enables us to serve more destinations with the same premium experience our guests expect across all cabins, perfectly embodying our commitment to delivering luxury at every altitude." Redefining Narrowbody Travel The A321LR features a three-cabin configuration, including Etihad's first-ever narrowbody First Suites - private, enclosed spaces with sliding doors, fully-flat beds, and bespoke design touches normally reserved for long-haul widebody operations. Each window-facing First Suite features a large 20-inch 4K screen, Bluetooth pairing, wireless charging, and additional space for a companion to sit. The aircraft's 14-seat Business cabin features widebody-style seats in a 1-1 herringbone layout, ensuring every passenger has direct aisle access and window views. Each Business seat includes a 17.3-inch 4K screen, Bluetooth headphone pairing and wireless charging. In Economy, 144 thoughtfully designed seats offer generous space and comfort, providing an elevated experience for single-aisle travel. Passengers enjoy 13.3-inch 4K touchscreen displays, USB charging, and Bluetooth connectivity. These seatback screens bring premium content back to narrowbody travel with over a thousand hours of movies, shows and games. In addition, the cabin features enlarged overhead bins providing significantly more luggage space than traditional narrowbody aircraft. Benoît de Saint-Exupéry, Airbus Executive Vice President Sales of the Commercial Aircraft Business, commented: 'The delivery of Etihad's first Airbus A321LR is a powerful symbol of innovation and partnership, strengthening the long-standing relationship between Airbus and the UAE. This aircraft sets a new standard for comfort in the single-aisle category and paves the way for increased connectivity as Etihad expands its operations from its Abu Dhabi hub.' Staying Connected Above the Clouds A standout feature of Etihad's A321LR is its high-speed Wi-Fi powered by Viasat's advanced technology delivering speeds of up to 100's of Mbps. Passengers can enjoy seamless streaming, gaming and browsing throughout their journey, bringing ground-level connectivity to the skies. This gate-to-gate connectivity, where permitted, ensures guests remain productive and entertained whether flying for business or leisure. Wi-Fi service on Asian routes is being progressively rolled out and will be available from September 2025. Expanding Horizons The A321LR supports Etihad's extraordinary expansion momentum, with the airline having launched or announced 27 new routes in a single year as part of its ambitious growth strategy. The aircraft will enter commercial service on 1 August 2025, initially operating between Abu Dhabi and Phuket before serving destinations including Algiers, Bangkok, Chiang Mai, Copenhagen, Düsseldorf, Kolkata, Krabi, Krakow, Medan, Milan, Paris, Phnom Penh, Phuket, Tunis and Zurich. The A321LR delivery supports Etihad's Journey 2030 vision, reinforcing Abu Dhabi's position as a leading global aviation hub. Additional nine A321LR aircraft will be delivered throughout 2025, supporting Etihad's ambitious growth plans as the airline works towards carrying 38 million passengers annually by 2030, the airline added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

US and China to resume tariff talks in effort to extend truce
US and China to resume tariff talks in effort to extend truce

Gulf Today

time11 hours ago

  • Gulf Today

US and China to resume tariff talks in effort to extend truce

Senior US and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of the countries' trade war, aiming to extend a truce keeping sharply higher tariffs at bay. China is facing an August 12 deadline to reach a durable tariff agreement with President Donald Trump's administration, after Beijing and Washington reached a preliminary deal in June to end weeks of escalating tit-for-tat tariffs. Without an agreement, global supply chains could face renewed turmoil from duties exceeding 100%. The Stockholm talks, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, take place a day after European Commission President Ursula von der Leyen meets Trump at his golf course in Scotland to try to clinch a deal that would likely see a 15% baseline tariff on most EU goods. Trade analysts on both sides of the Pacific say the discussions in the Swedish capital are unlikely to produce any breakthroughs but could prevent further escalation and help create conditions for Trump and Chinese President Xi Jinping to meet later this year. Previous US-China trade talks in Geneva and London in May and June focused on bringing US and Chinese retaliatory tariffs down from triple-digit levels and restoring the flow of rare earth minerals halted by China and Nvidia H20 AI chips and other goods halted by the United States. So far, the talks have not delved into broader economic issues. They include US complaints that China's state-led, export-driven model is flooding world markets with cheap goods, and Beijing's complaints that US national security export controls on tech goods seek to stunt Chinese growth. 'Stockholm will be the first meaningful round of U.S.-China trade talks,' said Bo Zhengyuan, Shanghai-based partner at China consultancy firm Plenum. Trump has been successful in pressuring some other trading partners, including Japan, Vietnam and the Philippines, into deals accepting higher US tariffs of 15% to 20%. He said there was a 50-50 chance that the US and the 27-member European Union could also reach a framework trade pact, adding that Brussels wanted to 'make a deal very badly'. Two of Trump's top trade officials, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer, will attend the Scotland talks and then travel to Stockholm. Analysts say the U.S.-China negotiations are far more complex and will require more time. China's grip on the global market for rare earth minerals and magnets, used in everything from military hardware to car windshield wiper motors, has proved to be an effective leverage point on US industries. In the background of the talks is speculation about a possible meeting between Trump and Xi in late October. Trump has said he will decide soon whether to visit China in a landmark trip to address trade and security tensions. A new flare-up of tariffs and export controls would likely derail any plans for a meeting with Xi. 'The Stockholm meeting is an opportunity to start laying the groundwork for a Trump visit to China,' said Wendy Cutler, vice president at the Asia Society Policy Institute. Bessent has already said he wants to work out an extension of the August 12 deadline to prevent tariffs snapping back to 145% on the US side and 125% on the Chinese side. Still, China will likely request a reduction of multi-layered US tariffs totaling 55% on most goods and further easing of US high-tech export controls, analysts said. Beijing has argued that such purchases would help reduce the US trade deficit with China, which reached $295.5 billion in 2024. China is currently facing a 20% tariff related to the US fentanyl crisis, a 10% reciprocal tariff, and 25% duties on most industrial goods imposed during Trump's first term. Bessent has also said he would discuss with He the need for China to rebalance its economy away from exports toward domestic consumer demand. The shift would require China to put an end to a protracted property crisis and boost social safety nets to encourage household spending. Michael Froman, a former US trade representative during Barack Obama's administration, said such a shift has been a goal of US policymakers for two decades. 'Can we effectively use tariffs to get China to fundamentally change their economic strategy? That remains to be seen,' said Froman, now president of the Council on Foreign Relations think-tank. Reuters

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store