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Search resuls for: "Azul Airlines"


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Abu Dhabi's Etihad Airways is gearing up for a potential initial public offering after increasing revenue in 2023 on the back of a 40% boost in passenger numbers. Asked about a possible listing, Etihad Airways Group CEO Antonoaldo Neves told CNBC on Tuesday, "I'm working to be ready, whenever it's the time." Talk of an IPO has been swirling after it was reported that ADQ, the Abu Dhabi-based investment company that owns Etihad Airways, was in discussions with banks about going public as soon as this year. "It's not for me to confirm the shareholder decisions," Neves said, while also signaling efforts to prepare the airline. If it materializes, an IPO would enable Etihad to tap capital markets to fund future growth and expansion plans.
Persons: Abu, Antonoaldo Neves, Neves, ADQ, Raffael Quintas Organizations: Abu Dhabi's Etihad Airways, Etihad Airways Group, CNBC, Etihad Airways, Etihad, Emirates, Portuguese, TAP, Azul Airlines Locations: Abu Dhabi, Dubai, New York, Azul
Nothing about flying is as exasperating as getting your flight delayed, cancelled or disrupted. Arriving at or departing from a destination on time is one of the most important considerations a traveler takes before deciding whether to book a subsequent flight from the same airline. Latest results from travel data analytics firm Cirium revealed that the most punctual airline last year in the global category was Colombia's Avianca Airlines, which achieved an 85.73% on-time performance rate, followed by Brazil's Azul Airlines (85.51%), which lost its top ranking. A global airline is defined as one that serves in three regions daily, the company said. An airline's on-time performance is calculated by whether the plane arrives at the gate within 15 minutes of the scheduled arrival time and if it departs within 15 minutes of the scheduled departure time.
Organizations: Airlines, Brazil's Azul Airlines, Qatar Airways
Total: 2