02 Apr 2015 13:00
Etihad Airways, the national airline of the United Arab Emirates, today welcomed the decision of Switzerland’s Federal Office of Civil Aviation (FOCA) to approve the airline’s 33.3 per cent investment in the Swiss regional carrier Darwin Airline.
2014, Lugano-based Darwin Airline has operated as Etihad Regional under a brand
and partnership agreement with Etihad Airways. FOCA’s approval of the Etihad
Airways investment now enables the two companies to leverage fully the benefits
of their partnership, including codesharing on each other’s flights within and
President and Chief Executive Officer of Etihad Airways, said the investment
was in line with the growing trend of consolidation in the airline industry, to
ensure the continuation of viable, reliable and stable air services, and to
maximise flight connectivity.
Mr Hogan said
approval of the investment would enable Etihad Airways and Darwin Airline to
work together more closely for the benefit of air travellers in Switzerland,
across Europe, and beyond.
expressed disappointment that some opportunities for Etihad Airways and Etihad
Regional had been diminished or lost because of the length of the regulatory
review process, which prevented the introduction of important codeshare
services designed to link and strengthen the networks of the two airlines.
the time taken to approve this partnership, and intense competition during this
period, Etihad Regional has been forced to reduce or withdraw services on a
number of routes, which were launched on the expectation that they would be
supported by traffic flowing between the Etihad Airways global network and the
Etihad Regional network in Europe,” Mr Hogan said.
formalities are completed to activate the investment, Etihad Regional will have
much greater connectivity, not only with Etihad Airways but also with its other
partners in Europe, including Alitalia, airberlin and Air Serbia.”