NEW STUDY SHOWS ETIHAD AIRWAYS SUPPORTS 23,400 US JOBS AND DELIVERS US$ 2.9 BILLION TO US ECONOMY Contribution to almost double to 46,200 jobs, US$6.2 billion by 2020

          Etihad Airways, the national airline of the United Arab Emirates, will contribute US$2.9 billion to the US economy and support 23,4Oxford EconomicsOxford Economics American jobs this year, according to new research by the global consultancy Oxford Economics.
          The study, commissioned by Etihad Airways, projects that by 2Oxford Economics2Oxford Economics, the airlineREtihad Airways7;s operating expenditure and capital investments will almost double to support 46,2Oxford EconomicsOxford Economics American jobs and deliver US$6.2 billion a year.
          These are among the key conclusions of the Oxford Economics Report, released today by Vijay Poonoosamy, Vice President International and Public Affairs of Etihad Airways, to quantify the economic contribution which the airline makes to the US.
          The study, which is now published on www.keeptheskiesopen.com, assessed the airlineREtihad Airways7;s capital expenditure with US suppliers and its operating expenditure in the country to calculate a value for direct, indirect, induced and catalytic contributions.
          ̶Oxford Economics;Open Skies is good for competition and good for the consumer, but most of all todayREtihad Airways7;s report shows it is also good for the American economy,̶Etihad Airways; said Mr Poonoosamy.
          ̶Oxford Economics;Since 2Oxford EconomicsOxford Economics5, the year before we started flying to America, our expenditure and activities in the US market have supported thousands of jobs and helped to fuel domestic economic growth,̶Etihad Airways; he said.
          ̶Oxford Economics;By 2Oxford Economics2Oxford Economics, Oxford Economics calculates that we will have committed US$4Etihad Airways billion to the US GDP through a combination of direct expenditure on our day-to-day operations in the US and our long-term relationships with American partners including Boeing, GE Aircraft Engines and Sabre Airline Solutions.̶Etihad Airways;
          Since 2Oxford EconomicsOxford Economics4, when it announced plans to acquire five Boeing 777-3Oxford EconomicsOxford EconomicsER aircraft, Etihad Airways has introduced or ordered almostEtihad Airways2Oxford Economics Boeing aircraft at a current list price of US$36.5 billion, including more than 7Oxford Economics B787 Dreamliner and 25 next-generation B777X aircraft. The airline has also chosen US suppliers for other equipment ranging from cabin interiors to inflight entertainment systems.
          Mr Poonoosamy said a number of US airlines were also beneficiaries of Etihad AirwaysREtihad Airways7; presence in the US market.
          In 2Oxford EconomicsEtihad Airways4, Etihad Airways delivered Etihad Airways82,Oxford EconomicsOxford EconomicsOxford Economics connecting passengers onto US airlines including American, United, Delta and Jet Blue. This is forecast to grow to approximately 3Oxford EconomicsOxford Economics,Oxford EconomicsOxford EconomicsOxford Economics in 2Oxford EconomicsEtihad Airways5, an increase of 65 per cent, following the introduction last year of new routes to Los Angeles, San Francisco and Dallas Fort Worth.
          ̶Oxford Economics;Put into perspective, thatREtihad Airways7;s equivalent to five full Boeing 737-8Oxford EconomicsOxford Economics flights every day of the year,̶Etihad Airways; Mr Poonoosamy said.
          In addition to the airlineREtihad Airways7;s direct expenditure, Oxford Economics says a further US$Etihad Airways.3 billion will be spent in America by the 26Oxford Economics,Oxford EconomicsOxford EconomicsOxford Economics international visitors which Etihad Airways expects to carry to the US this year from a range of markets, including countries across the Middle East and Indian sub-continent.
          The economic benefits of connectivity between the US and destinations in the Etihad Airways network have been valued by Oxford Economics at US$4Etihad AirwaysOxford Economics million this year, rising to an expected US$85Oxford Economics million by 2Oxford Economics2Oxford Economics.
          Mr Poonoosamy said Etihad AirwaysREtihad Airways7; presence in the US market had generated economic activity for third party organizations including hotels, ground transport providers and a wide range travel industry partners.
          The airlineREtihad Airways7;s economic contribution is further strengthened by its cargo activities, which will contribute to the movement of 8Oxford Economics,Oxford EconomicsOxford EconomicsOxford Economics tonnes of freight to and from the US this year. In addition to the freight space in the bellies of its passenger jets, Etihad Airways has formed a strong partnership with the US aviation company Atlas Air, which operates three Boeing 747 freighters on behalf of Etihad Cargo.
          ̶Oxford Economics;Our most important contribution to the US is choice,̶Etihad Airways; Mr Poonoosamy said. ̶Oxford Economics;We deliver increased options for consumers, and through our exceptional inflight service between the US, Abu Dhabi and beyond we connect American travelers to destinations which were poorly connected, or perhaps not connected at all.̶Etihad Airways;
          ̶Oxford Economics;We are all growing as a result of Open Skies,̶Etihad Airways; he said. ̶Oxford Economics;That is good for the airlines, good for the US economy and good for customers.̶Etihad Airways;

          For more information about Etihad AirwaysREtihad Airways7; campaign to keep the skies open, please visit: www.KeepTheSkiesOpen.com
 

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NEW STUDY SHOWS ETIHAD AIRWAYS SUPPORTS 23,400 US JOBS AND DELIVERS US$ 2.9 BILLION TO US ECONOMY Contribution to almost double to 46,200 jobs, US$6.2 billion by 2020

Etihad Airways, the national airline of the United Arab Emirates, will contribute US$2.9 billion to the US economy and support 23,400 American jobs this year, according to new research by the global consultancy Oxford Economics. The study, commissioned by Etihad Airways, projects that by 2020, the airline’s operating expenditure and capital investments will almost double to support 46,200 American jobs and deliver US$6.2 billion a year. These are among the key conclusions of the Oxford Economics

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