Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Not worried about lack of bilateral rights with India, says Etihad CEO

Business Standard

|

October 16, 2025

Abu Dhabi-based Etihad Airways is “not worried” about the lack of additional bilateral rights with India, as global air travel demand is strong and the airline continues to deploy its fleet on non-India routes, Chief Executive Officer Antonoaldo Neves said on Wednesday.

- DEEPAK PATEL

However, he added that the airline is willing to add flights to India in 2026-27 if permitted.

The bilateral air services agreement between India and Abu Dhabi allows 50,000 weekly seats for airlines from each side. Both Indian and Abu Dhabi-based carriers have fully utilised their allocations.

When asked if talks have begun between India and Abu Dhabi to increase bilateral rights, Neves said, “The discussions are always open... both countries have a great relationship. They are always talking.”

“I am not worried about the issue of expansion of bilateral rights. I think it is going to happen one way or another. If it does not happen, it is very easy — the fares on these routes are going to go up. The traffic will not be able to grow, and we will find another balance. You can’t beat the market,” he added.

Neves said the concern is the limited availability of aircraft in the market, even as global air travel demand is increasing. Therefore, the question, he said, is not about expanding bilateral rights but about having enough planes to deploy on India-Abu Dhabi routes.

FLERE HISTORIER FRA Business Standard

Business Standard

Business Standard

IAF to get first Tejas Mk1A this yr; foreign buyers keen: HAL execs

Deliveries of the first Tejas Mark-1A (Mk1A) combat aircraft to the Indian Air Force (IAF) could begin this year, with several countries across South America, Africa, and Southeast Asia also expressing interest in the indigenous jet, Hindustan Aeronautics Limited (HAL) executives said on Friday at the inauguration of the company’s third Tejas production line at its Aircraft Manufacturing Division in Nashik.

time to read

2 mins

October 18, 2025

Business Standard

SC rejects Roche plea against Natco pharma

The Supreme Court on Friday rejected Swiss pharma giant F Hoffmann-La Roche AG's plea against the Delhi High Court's order allowing Natco Pharma to manufacture and sell a generic drug of Risdiplam.

time to read

1 min

October 18, 2025

Business Standard

Business Standard

Rapido cofounder: Subscription model has halved customer acquisition cost

Rapido’s customers have doubled since the launch of a subscription model 18 months ago, and the cost of acquiring them has halved, said asenior executive of the ride-hailing company.

time to read

1 mins

October 18, 2025

Business Standard

Business Standard

Bullion over bling: Buyers flock to jewellery stores before Dhanteras — for coins and bars

Rising gold prices may have dented fresh jewellery sales, but customers are still thronging jewellery stores despite record highs in gold and silver prices, looking to buy coins and bars ahead of Dhanteras.

time to read

3 mins

October 18, 2025

Business Standard

Buy ETFs with low tracking error and expense ratio

A large number of people will purchase gold on Dhanteras.

time to read

2 mins

October 18, 2025

Business Standard

Business Standard

All-round growth propels Reliance earnings by 9.7%

Beating expectations, sales jump 10% in Q2

time to read

2 mins

October 18, 2025

Business Standard

Lights, camera, Diwali

EYE Ascene from the Diwali festivities — the fireworks, in particular — filmed in Calcutta was briefly featured in Jean Renoir’s 1951 drama romance film The River (French: Le Fleuve).

time to read

2 mins

October 18, 2025

Business Standard

Egypt urges Indian firms to be part of Suez Canal Zone

Egyptian Foreign Minister Badr Abdelatty on Friday said his country was keen on India having an industrial zone in the Suez Canal Economic Zone (SCEZ), where China and Russia are already present.

time to read

1 mins

October 18, 2025

Business Standard

Business Standard

iPhone Air sold out in China within minutes of its launch

Apple’s iPhone Air sold out within minutes of its launch in China on Friday, not with standing the current tariff war between Washington and Beijing.

time to read

2 mins

October 18, 2025

Business Standard

Business Standard

Will AI pay off the West’s debts?

There is no question that artificial intelligence (AI) is changing the global economy at unprecedented speed. But will it rescue rich countries from intensifying debt pressures, particularly as rapidly aging populations increase pressure on benefit programmes? If so, could these countries safely run even larger deficits, effectively borrowing against ultra-rich future generations? No one should bet the farm on it.

time to read

3 mins

October 18, 2025

Listen

Translate

Share

-
+

Change font size