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Etihad Aviation Training re-launched in Abu Dhabi

Etihad Aviation Training, part of Etihad Aviation Group, has re-launched its aviation training organisation with the aim of becoming a comprehensive aviation training facility in the world.

Based at two locations in Abu Dhabi, Etihad Aviation Training, previously known as Etihad Flight College, is a commercially-focused business open to external customers, while retaining the operational and safety values that have underpinned Etihad’s training services to-date.

Tony Douglas, Group Chief Executive Officer of Etihad Aviation Group, said: “Etihad Aviation Training is an ambitious enterprise, pursuing its mandate to provide outstanding training services to a global audience. The growth of business will mirror the expansion of global training market and we are excited about our expanding portfolio of programmes and products. These services are accessible to both Etihad Airways and now, for the first time, to external customers.”

Etihad Aviation Training offers a wide range of training products and services, including airline training, type rating, cabin crew safety training, instructor training and cadet programmes, and aircraft maintenance training, making it one of the largest training facilities in the Middle East.

There are 10 full-flight simulators currently in operation at with two additional devices arriving later this year, including the first Airbus A350-900 and a third Boeing 787-9. This will enable Etihad Aviation Training to take advantage of the increasing global training demand, particularly from within the GCC, Europe, Indian sub-continent, Africa and Southeast Asia.

Etihad Aviation Training’s packages are complemented by the Multi-Crew Pilot Licence (MPL) and Airline Transport Pilot License (ATPL) programmes that are delivered from the company’s well-established Flight Training Organisation based in Al Ain.

EAG puts the spotlight on Emirati women

In an effort to support and celebrate the third annual Emirati Women’s day, Etihad Aviation Group (EAG) held a series of events. The theme ‘Women are partners in giving’ was highlighted, in line with the UAE’s 2017 Year of Giving initiative.

As per statistics, women comprise 36% of EAG’s nearly 26,000-strong workforce, working alongside men across the field of engineering, flight deck, and cargo. Emirati women are also well represented in these functions, with several of them sharing their experiences on panel discussions held during the celebrations.

The Etihad Aviation Group employs 2,859 Emiratis – 1,462 women and 1,394 men – in the UAE and globally.

Etihad Airways profits dip

Etihad Airways reported net loss of US$ 1.87 billion on US$8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline.

The results were reported for financial results of 2016. The airline achieved steady passenger revenues of US$ 4.9 billion and 79% load factors while carrying 18.5 million passengers. Available seat kilometres (ASKs) increased by nine percent to 113.9 billion. Yields fell eight percent amid market capacity pressures and tough global economic climate, but this was partially offset by an 11% reduction in unit costs.

Total impairments of US$ 1.9 billion included a US$ 1.06 billion charge on aircraft, reflecting lower market values and early phase out of certain aircraft types. There was also a US$ 808 million charge on certain assets and financial exposures to equity partners, mainly related to Alitalia and airberlin.

HE Mohamed Mubarak Fadhel Al Mazrouei, chairman of the Board of the Etihad Aviation Group, said: “A culmination of factors contributed to disappointing results for 2016. The Board and executive team have been working since last year to address issues and challenges through a comprehensive strategic review aimed at driving improved performance across the group, which includes a full review of our airline equity partnership strategy.”

Legacy fuel hedging contracts also had a negative bearing on performance in 2016, though this exposure is expected to have less of a financial impact during 2017.