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Etihad Airways to divest several businesses, Abu Dhabi media office says

Mark White by Mark White
December 23, 2021
in Logistics
0

A model Etihad Airways plane is seen on stage in New York, U.S. November 13, 2014. REUTERS/Lucas Jackson/File Photo

DUBAI, Dec 23 (Reuters) – Etihad Airways will divest several support service businesses to a new aviation company owned by Abu Dhabi state holding firm ADQ and to Abu Dhabi National Exhibitions Company (ADNEC), a government media office said on Thursday.

The deal would add to ADQ’s mobility and logistics portfolio, allow Etihad to capitalise on global travel market opportunities and boost Abu Dhabi’s aviation ecosystem, the office added.

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Reporting by Yasmin Hussein; Writing by Nadine Awadalla; Editing by Edmund Blair

Our Standards: The Thomson Reuters Trust Principles.

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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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