Etihad Aviation Group transferred into ADQ’s portfolio

  • Date: 18-Oct-2022
  • Source: Zawya
  • Sector:Transport
  • Country:UAE
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Etihad Aviation Group transferred into ADQ’s portfolio

- ADQ’s new aviation strategy is centered around Abu Dhabi’s ambitions to serve as a world-class sustainable aviation hub anchored in end-to-end airport service excellence and an unrivaled customer journey

Abu Dhabi, UAE: The Supreme Council for Financial and Economic Affairs transferred full ownership of Etihad Aviation Group (EAG) to ADQ, an Abu Dhabi based investment and holding company.

Etihad Airways is a global leader in air travel, recognized for its best-in-class service and sustainable travel experience, traveling to 63 destinations in 42 countries.

The transfer of EAG complements ADQ’s efforts to transform Abu Dhabi into a global aviation hub anchored in end-to-end airport service excellence. ADQ’s aviation strategy is focused on delivering airlines and passengers a globally competitive value proposition specializing in aircraft engineering, cargo and ground handling services and an unrivaled customer experience through the anticipated opening of Abu Dhabi Airports’ new Midfield Terminal.

His Excellency Mohamed Hassan Alsuwaidi, Managing Director and Chief Executive Officer of ADQ, said: “The aviation sector is critical to Abu Dhabi’s economic growth plans and prosperity. With Etihad joining ADQ’s mobility and logistics cluster, we are well positioned to develop a globally competitive and integrated aviation portfolio to enhance Abu Dhabi’s connectivity and overall value proposition.”

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