News

Etihad Set to Expand in South America

Etihad Set to Expand in South America

Etihad Airways will launch its first route in South America on 1st June 2013, with daily non-stop flights between Sao Paulo, Brazil, and its home base of Abu Dhabi. Etihad is keen to expand its footprint in South America and is currently in discussions with South American-based carriers about potential commercial partnerships.

Etihad Airways LogoLast Friday, James Hogan, President and Chief Executive Officer, said in Sao Paulo: “Brazil is one of the fastest growing economies in the world, now ranking as the sixth largest since overtaking the UK in 2011. Bi-lateral trade between Brazil and the UAE is valued at nearly US$3 billion annually, with authorities aiming to lift this to US$10 billion within five years.

“There are 25 major Brazilian companies with offices in Abu Dhabi. Mubadala, the development company of the Government of Abu Dhabi, last year signalled its intent to begin investments in Brazil, valued at up to US$13 billion.

“According to the Arab-Brazilian Chamber of Commerce, Brazil trade volumes with the Arab world grew by 28% in 2011 to reach US$25 billion. This is forecasted to grow by a further 10-15% this year.

“In addition to supporting the growing ties between Brazil and the Middle East, this new route complements Etihad Airways’ recent expansion in North Asia, including the recent introduction of services to Chengdu and Shanghai and the upcoming increase to daily Tokyo services with connections to Nagoya from April 2013.

“With some of the fastest connecting flight times to China and Japan, Brazil’s largest and fifth largest trade partner respectively, Etihad Airways is providing vital air links between the world’s major emerging markets.”

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

KLM Opens First Part of New Crown Lounge at Schiphol

Neil SteedmanDecember 12, 2018

Become a Thailand Expert and Win a Fam Trip

Neil SteedmanDecember 12, 2018

Cork Airport to Welcome 149,000 Passengers Over the Festive Season

Neil SteedmanDecember 12, 2018

Visit Seattle Appoints Black Diamond for UK & Ireland Representation

Neil SteedmanDecember 12, 2018

Hertz and CLEAR Partner to Provide Biometrics for Faster Exits

Neil SteedmanDecember 12, 2018

Topflight Counts Down with 12 Days of Christmas Offers

Neil SteedmanDecember 12, 2018

Travelport to Be Acquired by Siris and Evergreen for US$4.4 Billion

Neil SteedmanDecember 12, 2018

New Wendy Wu Tours in Inaugural South America Brochure

Neil SteedmanDecember 11, 2018

American Airlines Thanks Trade with Christmas Lunch

Ian BloomfieldDecember 11, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland