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Dubai Eye
21-05-2025
- Business
- Dubai Eye
Etihad first-quarter profit jumps 30% on strong demand
Etihad Airways' first-quarter profit for 2025 jumped 30 per cent to AED 685 million ($186.52 million), it said on Wednesday, citing strong demand and improved operational efficiency. Total revenue rose 15 per cent, supported by growth in both passenger and cargo business. Passenger revenue climbed 16 per cent to AED 5.5 billion ($1.50 billion), bolstered by increased capacity, ongoing network expansion and more frequent flights. "We are proud to deliver a record-breaking quarter – both in profitability and in guest satisfaction," said CEO Antonoaldo Neves. "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." Etihad operated 80 destinations as of March 2025, with 16 new routes launching this year to support continued growth and broaden access to key global markets. Passenger revenue grew by 16 per cent reaching AED5.5 billion (US$1.5 billion), driven by increased capacity, continued network expansion and increased flight frequencies. Customer satisfaction reached a record high in the first quarter, with scores improving by 20 per cent year-on-year. The quarter also saw the launch of new lounge and inflight menus, alongside upgraded service standards. The fleet continued to expand, with 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 systems. Etihad 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 Dhabi.
ARN News Center
21-05-2025
- Business
- ARN News Center
Etihad first-quarter profit jumps 30% on strong demand
File photo Etihad Airways' first-quarter profit for 2025 jumped 30 per cent to AED 685 million ($186.52 million), it said on Wednesday, citing strong demand and improved operational efficiency. Total revenue rose 15 per cent, supported by growth in both passenger and cargo business. Passenger revenue climbed 16 per cent to AED 5.5 billion ($1.50 billion), bolstered by increased capacity, ongoing network expansion and more frequent flights. "We are proud to deliver a record-breaking quarter – both in profitability and in guest satisfaction," said CEO Antonoaldo Neves. "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." Etihad operated 80 destinations as of March 2025, with 16 new routes launching this year to support continued growth and broaden access to key global markets. Passenger revenue grew by 16 per cent reaching AED5.5 billion (US$1.5 billion), driven by increased capacity, continued network expansion and increased flight frequencies. Customer satisfaction reached a record high in the first quarter, with scores improving by 20 per cent year-on-year. The quarter also saw the launch of new lounge and inflight menus, alongside upgraded service standards. The fleet continued to expand, with 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 systems. Etihad 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 Dhabi.
Trade Arabia
11-02-2025
- Business
- Trade Arabia
Kleindienst unveils 9 luxury party suites at voco Monaco Dubai
Kleindienst Group, a leading global business conglomerate and master developer behind The Heart of Europe on Dubai's World Islands, has unveiled plans to launch the Party Suites at voco Monaco Dubai. Located on the ground floor of voco Monaco Dubai, the nine Party Suites are designed to provide the ultimate venue for special occasions. Each suite features direct access to the Grand Azur pool and the island's white sandy beach. Each suite is designed for immersive experiences, featuring a private bar, a state-of-the-art sound system, a dedicated party lounge, in-room catering options, en-suite bathrooms, and chaise lounges that transform into full-size beds. Designed for those who seek the ultimate entertainment experience, these exclusive suites set a new standard for luxury hospitality, reinforcing The Heart of Europe as the region's first party island and a premier leisure destination, said the developer in a statement. Each Party Suite ranges from approximately 1,020 sq ft, with prices starting at AED5.5 million ($1.5 million). The master developer said the owners will benefit from 100% returns over 12 years with a guaranteed 8.33% per annum, combining financial gains with the opportunity to own part of Dubai's only party island. With a combination of private suite ownership, access to a luxury Party Yacht, and year-round cultural festivities, the Party Suites at voco Monaco Dubai offer a lifestyle and investment opportunity unlike any other in the UAE and are set to redefine upscale living, said the statement. These suites have been designed for immersive experiences and feature key amenities including private bar, a state-of-the-art sound system, a dedicated party lounge, in-room catering options, en-suite bathrooms, and chaise lounges that transform into full-size beds, it added. Group Founder and Chairman Josef Kleindienst said: "The Party Suites at voco Monaco Dubai mark a defining moment in our mission to transform The Heart of Europe into the city's top entertainment hub." "This milestone reflects our passion for delivering unparalleled hospitality, blending luxury with the vibrant spirit of European celebrations," he stated. Kleindienst pointed out that buyers of these suites will gain access to a host of premium privileges, including four weeks of annual complimentary stay and a private, custom-built Party Yacht for four weeks a year, eliminating rental costs and offering seamless access to Dubai's waters. Membership to a one-of-a-kind 52-week European-inspired party calendar adds further value, featuring an iconic line-up that includes The Heart of Europe Carnevale, to Oktoberfest and film festivals, he stated.
