Etihad Airways collected USD 700 m for development strategy funding

Etihad Airways and partner airlines increase funds collected through their unique platform for business affairs totaling USD 700 m.

The sum increased thanks to big interest of international financial institutions and the funds are planned for capital investments and investments in fleet.

Etihad Airways, Etihad airport services, Air Berlin, Air Serbia, Air Seychelles, Al Italia and Jet Airways have previously published that they collected through this platform USD 500 m after presentations in Abu Dhabi, Dubai and London.

For incredible interest pf financial institutions from numerous countries, airlines have re-opened the platform and collected additional USD 200 m, Etihad airlines communicated.

The funds will be divided between these seven airlines and will be used for capital investments and investments in fleet as well as for loan refunding, depending on individual needs of airline.

As he said, additional demand which appeared in the last 24 hours was sufficient reason for transaction reopening.