Category Archives: Etihad Airways Partners

TUI and Niki move one step closer to a joint venture based in Vienna

TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI AG‘s Supervisory Board has given the green light on November 23, 2016 for further steps with the goal to create a new European airline joint venture with Etihad Aviation Group. TUI Group’s supervisory body approved the plan to contribute its German leisure airline subsidiary TUI fly GmbH (TUIfly-TUI Airlines Germany) to a joint venture with Etihad. Etihad is in negotiations with Airberlin to acquire its touristic operations primarily in Southern Europe and North Africa, and including Airberlin’s participation in Niki, with the objective to contribute it to the joint venture.

The new airline joint venture, headquartered in Vienna, is planned to serve a broad route network with its two airlines, TUI fly and Niki, a total fleet of around 60 aircraft and a seat capacity of 15 million seats per year, operating from key departure airports in Germany, Austria and Switzerland.

TUI AG is to hold a stake of 24.8% in the joint venture, with Etihad holding 25% of the interests. The remaining 50.2% would be held by the existing private foundation Niki Privatstiftung.

The commitments made to the TUI fly employees remain in place and are currently being further negotiated and specified. This includes the commitments to the Hanover location.

The contractual negotiations between all involved stakeholders are expected to be finalized in the next few weeks. Details regarding the future joint venture will be jointly presented by Etihad and TUI after successful completion of the negotiations.

The planned joint venture is subject to approval by the relevant antitrust and aviation authorities.

In the summer of 2007, Hapag-Lloyd Express (HLX) and Hapagfly merged to form TUIfly. The airline is a wholly-owned enterprise of the TUI Group, the world’s leading tourism troup with headquarters in Hanover, Germany. TUIfly flies to the classic holiday regions all around the Mediterranean, the Canary and Cape Verde Islands, Madeira and Egypt for TUI and other tour operators. By the summer of 2014, TUIfly used 40 Boeing 737 aircraft to fly to these destinations. TUIfly headquarters are at the Hanover Airport.

Top Copyright Photo: TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI:

ag-airline-aircraft-slide-show

Niki:

ag-airline-aircraft-slide-show

Bottom Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

ag-surprise-a-friend

Advertisements

A new airline alliance: Etihad Airways Partners is unveiled

Etihad Airways Partners logo (LRW)

Etihad Airways (Abu Dhabi) today (October 8) unveiled Etihad Airways Partners, a new brand which brings together like-minded airlines to offer customers more choice through improved networks and schedules and enhanced frequent flyer benefits.

Initially, six airlines will participate in the new partnership – Airberlin, Air Serbia, Air Seychelles, Jet Airways, Darwin Airline (Etihad Regional), and Etihad Airways.

However, any airline can become an Etihad Airways Partner even if it is part of an existing alliance, such as Airberlin, which is a member of oneworld.

The key emphasis for Etihad Airways Partners is a strong commercial partnership and shared values.

James Hogan, President and Chief Executive Officer of Etihad Airways, said “We are broadening our business model to articulate and define a partner proposition for like-minded airlines which will result in synergies and efficiencies for participating airlines on the one side, and enhanced network choice, service and frequent flyer benefits for the consumer on the other.

“The Etihad Airways Partners logo is a seal of excellence and global cooperation. It will be displayed on aircraft and on branded materials by a group of airlines working together to connect travellers around the world, and increasingly to harmonise standards in the air and on the ground.”

Mr Hogan said Etihad Airways Partners differed from legacy airline alliances by offering benefits well beyond pure commercial cooperation.

“The potential for network alignment to maximise flight connectivity for passengers, together with a shared passion for superior service, are central to the ethos of the Etihad Airways Partner concept,” he said.

“Frequent flyers will benefit from the formation of Etihad Airways Partners as it will remove the complexity and confusion that exists within the global alliances.

“We’re aiming to deliver a consistent experience for frequent flyers when they travel, as well as a consistent framework for earning and using their miles.”

This will include standardised mileage and tier benefits across all partners, no blackout periods and priority services.

Etihad Airways Partners will also have access to economies of scale and operational synergies such as centers of excellence, shared sales teams in certain destinations, joint procurement of services and supplies, and shared pilot and cabin crew training at the Etihad Airways facilities in Abu Dhabi.

Etihad Airways Partners signing ceremony (Etihad)(LRW)

Above Photo: (Left to right): Maurizio Merlo, CEO Darwin Airline; Wolfgang Prock-Schauer, CEO airberlin; James Hogan, President and CEO Etihad Airways; Cramer Ball, CEO Jet Airways; Dane Kondić, CEO Air Serbia, Manoj Papa, CEO Air Seychelles; celebrate the launch of Etihad Airways Partners.

Etihad Airways: AG Slide Show