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Media 10 December 2014 ETIHAD AIRWAYS INVESTMENT IN US SUPPORTS MORE THAN 200,000 JOBS A decade of orders by Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs, the airline’s President and Chief Executive Officer, James Hogan, said yesterday. Since 2006 the airline has introduced or placed orders for 115 wide- bodied Boeing aircraft, including 71 Boeing 787 Dreamliners, the first of which will enter service early next year. The US Department of Commerce estimates that for every US$1 billion invested in the US aerospace industry, 5,747 American jobs are supported. Mr Hogan was speaking at the UAE – US Business Council lunch in San Francisco to celebrate the successful launch of Etihad Airways’ non- stop flights to San Francisco on 18 November, one of six destinations in the US. “At 2014 list prices, the total value of Boeing jets we have received or have on order is US$36.5 billion. Based on the US Government formula, this represents almost 210,000 US aerospace jobs.

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Page 1:  · Web viewINVEST MENT IN US SUPPORTS MORE THAN 200,000 JOBS A decade of orders by Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs, the airline’s

Media Release

10 December 2014

ETIHAD AIRWAYS INVESTMENT IN US SUPPORTS MORE THAN 200,000 JOBS

A decade of orders by Etihad Airways for new Boeing aircraft is supporting more than

200,000 American jobs, the airline’s President and Chief Executive Officer, James Hogan,

said yesterday.

Since 2006 the airline has introduced or placed orders for 115 wide-bodied Boeing aircraft,

including 71 Boeing 787 Dreamliners, the first of which will enter service early next year.

The US Department of Commerce estimates that for every US$1 billion invested in the US

aerospace industry, 5,747 American jobs are supported.

Mr Hogan was speaking at the UAE – US Business Council lunch in San Francisco to

celebrate the successful launch of Etihad Airways’ non-stop flights to San Francisco on 18

November, one of six destinations in the US.

“At 2014 list prices, the total value of Boeing jets we have received or have on order is

US$36.5 billion. Based on the US Government formula, this represents almost 210,000

US aerospace jobs.

“We also have options and purchase rights for in excess of 30 more aircraft, which if

exercised will further strengthen our contribution to the economy,” he said.

Etihad Airways has selected US made GE engines for all its Boeing aircraft, while other US

suppliers manufacture aircraft seats, onboard equipment and provide inflight entertainment

systems.

Last year Etihad Airways began a US$1 billion partnership with Sabre Travel Technologies

for the provision of a new IT platform to support its global passenger services systems. The

airline has also just signed a major agreement with another US technology provider, SAP.

Page 2:  · Web viewINVEST MENT IN US SUPPORTS MORE THAN 200,000 JOBS A decade of orders by Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs, the airline’s

Media Release

“Linking San Francisco via Abu Dhabi with the strategically important and rapidly growing

markets in the Middle East and Indian Subcontinent will help to deepen the strong

commercial, trade and cultural relationship between the US and the UAE.”

Mr Hogan said the new service will also open up San Francisco to more tourism and travel

opportunities.

“The service between San Francisco and Abu Dhabi also offers convenient onward

connectivity to more than 30 destinations across the Gulf Cooperation Council (GCC) region,

Middle East, Africa and the Indian Subcontinent, available through Etihad Airways’ global

network and codeshare agreements with partner airlines.”

Key connecting markets in the Indian Subcontinent include Pakistan, Sri Lanka and Nepal.

In partnership with Jet Airways, Etihad Airways offers access to a large Indian market with

more than 200 weekly flights to 14 destinations in India.

By the end of 2014 Etihad Airways will operate 45 passenger flights per week between Abu

Dhabi and the US following the introduction in March of a second daily flight to New York,

the launch in June of daily nonstop services between Abu Dhabi and Los Angeles, and the

commencement of daily flights to San Francisco and three flights per week to Dallas/Fort

Worth from November and December respectively. There are plans for flights to Dallas/Fort

Worth flights to increase to daily.

In addition to Etihad Airways’ passenger services to the US, Etihad Cargo offers weekly

flights to Miami and Chicago, as part of a round-the-world air freight service. These flights

are operated for Etihad Cargo by US-based partner Atlas Air, using a Boeing 747-8 freighter

in Etihad Cargo livery.

This service supports US importers and exporters as well as furthering trade links between

the UAE and the US.

Page 3:  · Web viewINVEST MENT IN US SUPPORTS MORE THAN 200,000 JOBS A decade of orders by Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs, the airline’s

Media Release

Photo caption 1: San Francisco Mayor Ed Lee presents President and  Chief Executive

Officer of Etihad Airways, James Hogan, with a Proclamation declaring 9 December 2014

“Etihad Airways Day” at US-UAE Business Council luncheon on 9 December 2014.

Photo caption 2: President and Chief Executive Officer of Etihad Airways, James Hogan,

addresses US-UAE Business Council luncheon on 9 December 2014 in San Francisco,

California.

Photo caption 3: (left to right): Geert Boven, Senior Vice President – The Americas, Etihad

Airways; President and  Chief Executive Officer of Etihad Airways, James Hogan; San

Francisco Mayor Ed Lee; UAE Consul General in Los Angeles, His Excellency Abdulla

Alsaboosi; San Francisco Center for Economic Development’s Executive Director, Dennis

Conaghan; San Francisco Chamber of Commerce President and Chief Executive Officer,

Bob Linscheid; and US-UAE Business Council President, Danny Sebright at US-UAE

Business Council Luncheon.

- Ends -

About Etihad AirwaysEtihad Airways began operations in 2003, and in 2013 carried 11.5 million passengers. From

its Abu Dhabi base Etihad Airways flies to 111 existing or announced passenger and cargo

destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas. The airline

has a fleet of 105 Airbus and Boeing aircraft, and more than 200 aircraft on firm order,

including 71 Boeing 787s, 25 Boeing 777-X, 62 Airbus A350s and 10 Airbus A380s. Etihad

Airways holds equity investments in airberlin, Air Seychelles, Virgin Australia, Aer Lingus, Air

Serbia and Jet Airways, and is in the process of formalising equity investments in Alitalia and

Swiss-based Etihad Regional*. For more information, please visit: www.etihad.com

*Operated by Darwin Airline

For more information contact:Asif Khan, Etihad Airways Corporate Communications

Dir: +971 (0) 2 511 1543 / Email: [email protected]