Tag Archives: Joint venture

Etihad Airways and China Eastern Airlines announces landmark joint venture

Etihad Airways and China Eastern Airlines announced the signing of a Joint Venture (JV) to cement the strategic partnership between the two airlines. This historic milestone, signed at Etihad Airways’ headquarters in Abu Dhabi, marks the first commercial JV between a Middle Eastern airline and a Chinese airline. The Etihad Airways – China Eastern Airlines JV will allow the airlines to jointly develop and grow the routes between UAE and China, resulting in a stronger combined network. This JV signifies a commitment to offering expanded travel options and seamless travel experiences for passengers travelling between major Chinese cities like Shanghai, Beijing, Xi’an, and Kunming, and key cities in the UAE and across the Middle East and Africa regions. Etihad and China Eastern Airlines will implement the joint venture cooperation in early 2025 when both teams secure all necessary regulatory clearances. Additionally, both airlines will introduce full reciprocity to their existing frequent flyer programmes in the final quarter of 2024, allowing passengers to seamlessly earn points and redeem rewards when flying with either airline. Antonoaldo Neves, Chief Executive Officer of Etihad Airways, emphasized the significance of the partnership. He said: “This JV marks a significant milestone in our partnership with China Eastern. The JV will allow Etihad and China Eastern to offer travelers enhanced travel options and exceptional value. We are confident the JV will unlock a new era of travel opportunities, while also boosting the economic growth of Abu Dhabi and the UAE.” His Excellency Mohamed Ali Al Shorafa, Chairman of Etihad Aviation Group, lauded the agreement as a landmark achievement, stating: “This Joint Venture signifies a deep commitment to strengthening the bonds between the UAE and China, while fostering …

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