Etihad Airways to sells stake in Air Seychelles

SEYCHELLES – The government of Seychelles had reached a deal to take full ownership of Air Seychelles, following talks with Etihad Airways in which the UAE-based airline agreed to relinquish the 40 percent stake it holds at a steep discount, Seychelles News Agency has reported. Air Seychelles had owed US$72.3 million to Etihad; with the 79 percent write-down, Seychelles will pay US$11.34 million. A total of $71.5 million is still owed to bondholders. Etihad Airways entered a partnership with Air Seychelles in 2012, when it bought a 40 percent share…

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Etihad Airways resumes flights to Morocco’s coastal city of Casablanca

MOROCCO – Etihad Airways, the second-largest airline and flag carrier of the UAE, has announced resumption of passenger flights to Morocco’s Casablanca city starting Saturday, September 19. According to a report by Morocco World News, the Emirati carrier will operate three flights per week on Tuesdays, Saturdays, and Sundays. The airline further revealed that it will resume flights to Rabat, Morocco’s capital and second largest city, at the end of October. Etihad Airlines confirmed it will operate services two days per week to Rabat on Wednesdays and Fridays. It however…

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