Wednesday 20 February 2019

Etihad takes Airbus cargo jets out of service

ABU DHABI, January 25, 2018

UAE's Etihad Airways has grounded its Airbus freighter fleet as the Gulf carrier works on a new strategy following its biggest loss of $1.87 billion in 2016, its first loss since 2010, said a report.

The carrier has been reviewing its business since 2016 after billions of dollars spent buying stakes in other airlines failed to deliver substantial returns, said a report in Reuters.

Etihad has grounded five A330F jets and has opted to operate an all-Boeing 777 Freighter fleet, the report said.

The Abu Dhabi-based airline is considering selling or leasing the Airbus freighters, it said.

Reuters also reported that pilots were asked to take unpaid leave on a voluntary basis, for periods as short as one week or as long as 18 months as it reviews its fleet requirements.

Tags: Etihad | airbus | cargo | jets | Abu | Dhabi |

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