Teller Report

Etihad Airways officially announces the sale and rental of 38 billion dollars in aircraft

2/7/2020, 6:16:40 AM

Etihad Airways said it has sold and leased 38 Airbus and Boeing aircraft for $ 1 billion under a contract with KKR and Altavair Airfinance, and Etihad Aviation Group CEO Tony Douglas said that this step allows the company to take important steps to


Etihad Airways said it has sold and leased 38 Airbus and Boeing aircraft for $ 1 billion under a contract with KKR and Altavair Airfinance

Etihad Aviation Group CEO Tony Douglas said that this step allows the company to take important steps to take advantage of its fleet

He noted that this deal provides Etihad Airways with more flexibility and is in line with the company's goals related to sustainability while maintaining a fleet characterized by high fuel efficiency and aircraft that offer advanced levels of technology.