Etihad Airways is expanding its global reach. After recent codeshare agreement with Lufthansa, for routes to South America, the company now has set its eyes on widening its grasp on the East African market. The company has entered a new Codeshare Agreement with Precision Air, the leading domestic carrier in Tanzania.
The New Deal
The new agreement will allow Precision Air to place their PW code on the daily flight between Abu Dhabi and Dar es Salaam. In return, Etihad will be able to market Precision Air flights between Dar es Salaam and Mwanza, Mtwara, Kilimanjaro, Pemba, Nairobi, and Zanzibar under the Etihad EY code.
Etihad will also be able to market flights between Zanzibar, Kilimanjaro, and Nairobi under the Etihad code.
The agreement became effective as of January 11, 2017, and further enhances Etihad’s position in the East African market. According to Etihad Airways’ Chief Strategy & Planning Officer Kevin Knight,
“Precision Air is an innovative and award-winning airline and this new codeshare agreement demonstrates Etihad Airways’ growing ambitions to strengthen its operations across the East African region.” He added that “This is a further example of our strategy of working with partners to extend our reach, and provide business and leisure travellers with more choice.”
The success Etihad has had with its codeshare agreements was discussed by Etihad CEO James Hogan at the 19th Annual Global Air Finance Conference in Dublin, where he confirmed that over 5.5 million passengers have connected onto Etihad flights from various codeshare and partnership agreements, which has improved the synergy and growth of the company.
The strengthening of Etihad’s position fits very well into the overall plan for the carrier to become one of the leading players in the global aviation market. The agreement, along with other codeshare agreements and the purchase of minority stakes in several major airlines around the world such as Air Berlin, Alitalia, Jet Airways, Virgin Australia, and Air Serbia, has all served to push Etihad further up the world airline ladder.