Etihad Airways to acquire 3 airport services companies
Etihad Airways has finalised the agreement to acquire three airport services companies, which would accelerate and consolidate the development of in-flight catering services, ground handling and cargo operations at Abu Dhabi International Airport.
Abu Dhabi Airport Services (ADAS), Abu Dhabi In-Flight Catering (ADIFC) and Abu Dhabi Cargo Company (ADCC) are being incorporated, subject to receipt of regulatory approvals into Etihad Airport Services, a wholly owned subsidiary of Etihad Airways.
The companies, which employ more than 4,000 people are being integrated into the airline’s existing organisational structure to maximise synergies and operational scale.
The re-engineered business units will continue to provide the full range of ground handling, catering and cargo services to Etihad Airways and other airlines at Abu Dhabi International Airport, dedicated to customer excellence and commercial viability. .
James Hogan Etihad Airways’ President and Chief Executive Officer said in a recent release, “This acquisition follows international best practice and is critical to the continued growth of the Airline”.
Airline and cargo customers will also benefit from enhanced service levels and greater integration across hub operations, said the airline.