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Etihad Airways launches daily A380 service to Mumbai

Dubai

The UAE’s flag carrier Etihad Airways has started flying its Airbus A380 aircraft, the world’s biggest passenger airliner, to Mumbai with the launch of a new daily service. Flight EY204 from Abu Dhabi landed at Chhatrapati Shivaji International Airport in Mumbai Sunday on the occasion of Maharashtra Day, the 56th anniversary of the state’s formation. Mumbai became the UAE’s second-largest airline’s fourth A380 destination following London, Sydney and New York, with Melbourne set to join on June 1.

Etihad Airways senior management team led by Mohammed Al Bulooki, Vice President Commercial UAE, flew on the inaugural flight, arriving to a traditional lamp lighting ceremony attended by officials from the airline and Mumbai airport operator, GVK. The airline did not provide information as to how many passengers travelled from Abu Dhabi to Mumbai on the inaugural flight.

The A380 is a double-deck, wide-body, four-engine jet airliner manufactured by Airbus. It is the world’s largest passenger airliner with the seating capacity of 853 passengers. The choice of Maharashtra Day to launch the world’s largest passenger jet to India reinforced the airline’s commitment to the country; to meet an increase in demand for air services; and to support growing trade and tourism in India, company officials said.

With the aircraft upgrade, Etihad Airways is able to offer an all-A380 daily service in both directions between Mumbai and New York John F Kennedy International airport with a seamless connection over Abu Dhabi, along with the unique USA customs border protection which enables passengers to pre- clear US customs in Abu Dhabi, they said.

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As a 'goodwill gesture', India agrees to Iran's demand for 1.5% interest on $6.5-billion oil dues

PTI
Published May 4, 2016, 12:00 AM IST
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New DelhiIndia has agreed to pay Iran an interest of 1.5 per cent on $6.5-billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a 'goodwill gesture'.Iran had sought an interest rate of Libor-plus 75 basis points on the $6.5 billion Indian refiners owe it in past oil dues, to make up for the foreign exchange losses."Although we believe there is no interest due, but as a goodwill gesture oil companies have agreed to pay the interest rate," a…

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