Today, on Tuesday, the Supreme Council for Financial and Economic Affairs announced that “ADQ,” an investment holding company in the Emirate of Abu Dhabi, has acquired ownership of the Etihad Airways Group.
The Etihad Airways Group is a leading international corporation in the travel and aviation industries, with flights to 63 locations in 42 different nations. The company is known for offering the best in class sustainable flight services as well as a unique travel experience.
According to a statement from the Abu Dhabi government, the conversion of the Etihad Air Group will strengthen “ADQ’s” efforts to realise its vision of creating a global aviation hub that offers a set of integrated competitive services and a distinctive airport experience. The airport’s new building is anticipated to open in the next stage.
The flight strategy in “Holding” places a strong emphasis on providing airlines and passengers with competitive options on a global scale, including specialised services like air freight, aviation engineering, and ground handling services.
“Holding’s” Managing Director and CEO, Mohamed Hassan Al-Suwaidi, stated: “With the transfer process completed and the addition of the Etihad Airways Group to the transport and logistical services portfolio in” ADQ “(ADQ), We will continue to implement our strategic plans to strengthen the position of the Emirate of Abu Dhabi to confirm its position as a global economic powerhouse.
The Etihad Airways Group will continue its efforts to realise its aspirations to be one of the world’s leading airlines and to advance its services to provide the best experience for its customers in accordance with the best international standards as part of the airline in “ADQ,” which in turn contributes to a new wave of growth in this industry.
With the inclusion of Etihad Air Group, the ADQ flying portfolio (ADQ) will now consist of a number of significant businesses, including Abu Dhabi airports, Wizer Abu Dhabi, and ADQ Air and Air Services, all of which will help to realise Abu Dhabi’s vision by creating an integrated flight centre.
. Abu Dhabi The ownership of the Etihad Airways Group was transferred to the portfolio of the “Holding” companies
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