Abu Dhabi airline's journey to becoming a global player



Etihad Airways began its journey back in 2003, here The National charts its rise from a single route to a global network:

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July 2003:
Etihad Airways created by Royal Decree

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November 2003:
Airline is launched with a ceremonial flight to Al Ain, with scheduled services to Beirut starting a week later

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2004:
Etihad begins rapid route expansion, adding 13 destinations in the year and buying 29 aircraft valued at US$8 billion (Dh29.38bn)

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September 2004:
Enters Indian market with services to Mumbai

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September 2005:
Abu Dhabi announces plans to sell its shares in Gulf Air, which it owns jointly with Bahrain and Oman, to focus on developing Etihad

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October 2005:
Etihad moves into North American market with services to Toronto

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June 2006:
Etihad opens its 30th route in its first 30 months of operation

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September 2006:
Etihad hires James Hogan as chief executive

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October 2006:

Launches direct services to the US with non-stop flights to New York

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January 2007:
Airline announces plan to break even in 2010

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July 2007:
At the Paris Air Show, Etihad signs multibillion-dollar order with Airbus for 12 wide-body aircraft

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July 2008:
At the Farnborough International Airshow, Etihad makes commitment to buy up to 205 aircraft, including options, worth up to $43bn

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October 2008:
Wins naming rights for the Docklands Stadium in Melbourne, a popular venue for Australian rules football, which is renamed Etihad Stadium

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December 2008:
Launches direct flights to Moscow, its 50th international destination

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May 2009:
The carrier signs a shirt sponsorship deal with Manchester City Football Club

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September 2009:
Lands highest credit rating from  the Organisation for Economic Co-operation and Development, enabling it to access attractive aircraft financing rates

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November 2009:
Citing the global downturn, defers break-even target date by one year to 2011

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March 2010:
Launch of service from GCC to Tokyo

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April 2010:
Becomes first GCC airline to serve Baghdad

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August 2010:
Etihad signs strategic code-share alliance with Virgin Blue Group, expanding its reach into Australia, New Zealand and Oceania

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January 2011:
Launches service to Bangalore, its 66th destination

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COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5