Etihad Aviation Group
The Etihad Aviation Group comprises Etihad Airways, the Hala Group of travel and tourism management and loyalty companies as well as Etihad Airport Services and group support functions required to interface with and support its subsidiaries, joint venture companies and equity partners. Etihad Aviation Group is headquartered in Khalifa City, Abu Dhabi and is Government-owned.
In 2016, TUI Group agreed to contribute its German leisure airline subsidiary TUIfly GmbH to a JV with Etihad Airways. Etihad were in negotiations with airberlin to acquire its touristic operations primarily in Southern Europe and North Africa, including its participation in NIKI, with the objective to contribute it to a JV tentatively named "Blue Sky". The new airline JV was expected to serve a broad route network with its two airlines, TUIfly and NIKI, a total fleet of around 60 aircraft and a seat capacity of 15 million seats p/a, operating from key departure airports in Germany, Austria and Switzerland. TUI AG and Etihad terminated negotiations over the proposed JV on 08-Jun-2017, citing NIKI is no longer a participant. Subsequent to the abandoned start-up plans, Etihad Aviation announced its intentions to no longer provide airberlin with financial support. Air Berlin PLC filed for insolvency, and ceased all commercial service operations on 27-Oct-2017.
Etihad Aviation Group retains equity holdings in the following carriers:
- Etihad Airways (100%);
- Air Serbia (49%);
- Alitalia (49%);
- Air Seychelles (40%);
- Virgin Australia (21.8%).
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