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Gulf Press > Business > Etihad Airways and China Eastern Airlines announce joint venture for UAE flights
Business

Etihad Airways and China Eastern Airlines announce joint venture for UAE flights

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Last updated: 2024/06/06 at 12:32 AM
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Etihad Airways and China Eastern Airlines have recently signed a joint venture agreement to strengthen their strategic partnership. This historical agreement is the first commercial joint venture between a Middle Eastern airline and a Chinese airline. The collaboration aims to enhance the routes between the UAE and China, offering passengers a wider range of travel options and seamless experiences between major cities in both regions.

The joint venture between Etihad Airways and China Eastern Airlines is set to be implemented in early 2025, pending regulatory approvals. Both airlines will also introduce full reciprocity to their frequent flyer programs by the final quarter of 2024. This will allow passengers to earn and redeem points across both airlines, providing added value to their travel experiences. The partnership is expected to unlock new travel opportunities and contribute to the economic growth of Abu Dhabi and the UAE.

Antonoaldo Neves, CEO of Etihad Airways, highlighted the importance of this partnership in offering enhanced travel options and exceptional value to passengers. Mohamed Ali Al Shorafa, Chairman of Etihad Aviation Group, emphasized the deep commitment to strengthening ties between the UAE and China, enabling greater cultural and economic exchange between the two nations. China Eastern Airlines Chairman Wang Zhiqing expressed excitement about deepening cooperation between the two airlines, leveraging their strong global hubs to enhance collaboration in various business areas.

The signing of this joint venture comes during the 40th anniversary of diplomatic relations between China and the UAE, showcasing the ongoing strategic collaboration between the two countries. The Belt and Road Initiative has further bolstered the partnership, creating new opportunities for cooperation between China Eastern Airlines and Etihad Airways. The collaboration between these two airlines is seen as highly complementary, offering great potential for synergies in passenger travel, economic exchanges, trade, and cultural connections between China and the UAE.

Both China Eastern Airlines and Etihad Airways are looking forward to leveraging their respective strengths to create more synergies and deepen their cooperation in various areas. The joint venture signifies a new level of collaboration between the airlines, aiming to enhance their strategic partnership and contribute to the growth of both nations. The partnership goes beyond merely expanding flight routes and aims to establish lasting and meaningful connections between China and the UAE for decades to come.

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News Room June 6, 2024
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