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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News

Etihad to launch Abu Dhabi-Amsterdam flights

Friday - Jan 18, 2013, 12:02pm (GMT+5.5)
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Abu Dhabi - Etihad Airways, the national airline of the UAE, will launch daily flights between Abu Dhabi and Amsterdam starting May 15.

James Hogan, president and CEO of Etihad Airways, said: "We are delighted that Amsterdam will become a part of Etihad Airways' global network from May 15."

"The Dutch capital joins a group of 17 leading European cities that Etihad Airways flies to including Brussels, Dublin, Frankfurt, Geneva, London and Paris."

Etihad Airways will also launch flights to Sao Paulo, Washington D.C. and Ho Chi Minh City in 2013.

Bilateral trade between the Netherlands and UAE is currently valued at $3.6 billion.

The Dutch community in the UAE consists of more than 5,000 people. There are 300 Dutch companies operating in the UAE.

The agreement expanded the UAE flag carrier's network to 337 destinations.

The new destinations are part of a 10-year network growth plan that will see Etihad Airways fly to more than 100 destinations with a fleet of more than 150 aircraft by 2020.


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