Dubai: Etihad Airways is on the hunt for $2 billion to finance its 2014 fleet deliveries, including its first Airbus A380 and Boeing 787.
The Abu Dhabi-based airline has met with leading financiers in New York and London to finance the aircraft orders in the latest edition of its financial roadshows in two cities, it said in a statement on Wednesday.
The roadshows are conducted annually in major global and regional financial hubs.
James Hogan, Etihad Airways’ President and chief executive, led the New York and London roadshows. James Rigney, Chief financial Officer, and Ricky Thirion, Treasurer, also attended.
Etihad has raised in excess of $8 billion in funding from 68 financial institutions over the past 10 years.
“Etihad Airways continues to expand its relationships with financial institutions in market around the world, which in turn play a crucial role in the expansion of the airline’s global network and fleet of aircraft,” Hogan stated.
Earlier this month, Etihad announced a 48 per cent year-on-year profit jump to $62 million with revenues of more than $6 billion generated.
Etihad will take delivery of 18 aircraft in 2014; three Airbus A320s, three A321s, two A330-200, a A330-200 freighter, an A380, two Boeing 787-9s, a B777-399ER and five B777-200LR (long range) aircraft.
