Latest news with #A350-1000
Al Etihad
21-05-2025
- Business
- Al Etihad
Etihad Airways delivers record-breaking Q1 2025 results
21 May 2025 10:48 ABU DHABI (ALETIHAD)Etihad Airways has delivered record-breaking financial performance and the highest-ever customer satisfaction performance in the first quarter of 2025, building on last year's momentum with further notable improvements across revenue, operational efficiency, and fleet after tax reached Dh685 million ($187 million), marking a 30 per cent increase year-on-year, driven by robust passenger demand and operational efficiencies. Total revenue saw a 15 per cent rise compared to Q1 2024, supported by both passenger and cargo continues to lead the Middle East region in passenger growth, carrying 5 million guests in Q1 2025 – a 16 per cent year-on-year increase – and maintaining strong momentum into Q2. With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the Middle East satisfaction reached a record high in Q1 2025, with scores improving by 20 per cent year-on-year. Gains were recorded across key touchpoints, including check-in, boarding, inflight service, food and beverage, Wi-Fi, and the updated website and mobile app. The quarter also saw the launch of a new lounge and inflight menus, alongside upgraded service fleet continued to expand to support the guest experience. One additional A380 returned to service during the quarter, offering First Apartments and The Residence. In April, Etihad took delivery of another A350-1000, with another Boeing 787 Dreamliner to follow. These new aircraft feature ultra-high-speed Wi-Fi and updated inflight entertainment also advanced its premium offering, expanding First Class to more routes and preparing new ground and inflight services for rollout from August. In April, the airline introduced its new A321LR cabin, becoming the first in the Middle East region to offer First Class on a single-aisle aircraft. The cabin features exclusive private First suites and lie-flat Business seats, bringing widebody comfort to medium-haul routes. The broader First-class experience will include a new concierge service, private chauffeur transfers, dedicated check-in, meet-and-assist service, and baggage-free travel options in Abu Neves, Chief Executive Officer of Etihad Airways, said: 'We are proud to deliver a record-breaking quarter, both in profitability and in guest satisfaction. Achieving our highest-ever Q1 profit of AED685 million and our best-ever customer satisfaction scores reflects the strength of our business and the dedication of our people.'We're executing a clear strategy: grow sustainably, operate efficiently, and never lose focus on delivering remarkable experiences to our guests. From continued refinements to our onboard offering to improved airport services and the debut of our A321LR with a market-leading narrowbody product, we're raising the bar in every part of the journey.'Our network continues to expand with 16 new routes announced for 2025 and additional aircraft joining our fleet. As we grow, we remain disciplined and focused on quality, efficiency, and creating value for our customers and stakeholders.'Passenger revenue grew by 16 per cent reaching Dh5.5 billion ($1.5 billion), driven by increased capacity, continued network expansion and increased flight growth was boosted by a 14 per cent rise year-on-year in Available Seat Kilometres (ASK) and an improved passenger load factor of 87 per cent (+1 pp year-on-year). Fleet expansion accelerated, with 98 aircraft in operation by the end of the quarter, including the reintroduction of Etihad's sixth A380. The operating fleet further grew in April with the delivery of an additional A350-1000 in operated 80 destinations as of March 2025, with 16 new routes launching this year to support continued growth and broaden access to key global cargo yield led to cargo revenue growth of 8 per cent year-on-year, despite a 4 per cent reduction in strong operational performance is reflected in the EBITDA, which rose by 32 per cent year-on-year, reaching Dh1.4 billion ($ 379 million), boosting the EBITDA margin to 21 per cent (+3 pp compared to the same period of 2024).Further strengthening financial resilience, net leverage improved to 1.1x, down from 1.9x in March 2024, driven by scheduled debt repayments and strong cash generation. Cash flow from operations reached Dh1.8 billion ($500 million), reflecting an 11 per cent increase year-on-year. Source: Aletihad - Abu Dhabi
Yahoo
19-05-2025
- Automotive
- Yahoo
Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests
By Stephen Nellis SAN FRANCISCO (Reuters) - Aeva Technologies said on Monday it is supplying sensors to a subsidiary of European aircraft manufacturer Airbus that is working to develop planes that can taxi to airport gates autonomously. Aeva, founded by former Apple and Nikon engineers, makes a lidar sensor that can map a three-dimensional view of the area around the vehicle and detect how fast distant objects are moving. It said it is supplying those sensors to Airbus UpNext, which will use the sensors on a testing truck and an A350-1000 flight test aircraft at Toulouse-Blagnac Airport in France. Aeva did not disclose financial details of the deal. Aeva CEO Soroush Salehian said the deal will involve several fitting sensors on the initial test plane. "We're all working toward automation and this is a new extension for us into aerospace. It's focused on the here and now - improving airport efficiency and reducing the workload on pilots," he told Reuters on Monday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests
By Stephen Nellis SAN FRANCISCO (Reuters) - Aeva Technologies said on Monday it is supplying sensors to a subsidiary of European aircraft manufacturer Airbus that is working to develop planes that can taxi to airport gates autonomously. Aeva, founded by former Apple and Nikon engineers, makes a lidar sensor that can map a three-dimensional view of the area around the vehicle and detect how fast distant objects are moving. It said it is supplying those sensors to Airbus UpNext, which will use the sensors on a testing truck and an A350-1000 flight test aircraft at Toulouse-Blagnac Airport in France. Aeva did not disclose financial details of the deal. Aeva CEO Soroush Salehian said the deal will involve several fitting sensors on the initial test plane. "We're all working toward automation and this is a new extension for us into aerospace. It's focused on the here and now - improving airport efficiency and reducing the workload on pilots," he told Reuters on Monday.
Gulf News
05-05-2025
- Business
- Gulf News
Etihad Airways takes delivery of its 6th Airbus A350
Abu Dhabi: UAE's national carrier Etihad Airways announced Monday it has welcomed the sixth Airbus A350 to its growing fleet. The aircraft arrived in Abu Dhabi this weekend following a successful delivery flight from Toulouse, France, the carrier said. This summer, Etihad will begin operating the A350 to Atlanta, its newest and sixth gateway into North America and one of 16 new routes Etihad is launching this year. The Airbus A350 is a long-range, wide-body twin-engine jet airliner known for its fuel efficiency, largely due to its airframe constructed with over 50 per cent composite materials. The A350 family includes variants like the A350-900 and A350-1000, accommodating around 300-400 passengers, and competes with Boeing's 777 and 787. While the A350 has generally been successful, deliveries have faced headwinds, particularly due to ongoing global supply chain disruptions. These issues, including shortages of engines and other critical components, have affected Airbus's overall delivery targets. Airbus had to adjust its 2024 delivery forecast due to these constraints. Recent reports indicate that supply chain challenges are expected to limit A350 production and even delay deliveries of the A350 freighter variant until 2027. In 2025, global passenger traffic is forecast to reach 9.9 billion with a 4.8 per cent year-over-year growth rate. While passenger demand remains strong, the pace of expansion is expected to slow as markets shift from recovery-driven surges to structural, long-term growth patterns, according to a recent Airports Council International (ACI) World report.
Tourism Breaking News
14-04-2025
- Business
- Tourism Breaking News
Etihad welcomes its latest A350
Post Views: 96 Etihad Airways has welcomed its sixth A350 to its growing fleet. The state-of-the-art aircraft arrived this weekend following a successful delivery flight from Toulouse, France, further strengthening Etihad's position as one of the airlines with the youngest and most fuel-efficient fleets in the sky. The A350 is a favourite with guests, boasting an unparalleled flying experience with award-winning Business Class, featuring privacy-focused sliding doors, wireless charging, and cutting-edge inflight entertainment systems, while Economy Class offers ergonomic seating, device holders, and Bluetooth connectivity with inflight entertainment. Renowned for its sustainability, the A350 stands out as one of the most efficient wide-body jets, with 25 per cent lower CO2 emissions and a 50 per cent smaller noise footprint compared to earlier-generation aircraft. The long-range of the A350-1000 makes it a versatile aircraft for Etihad's fleet. This summer, Etihad will begin operating the A350 to Atlanta, its newest and sixth gateway into North America and one of 16 new routes Etihad is launching this year.
