Etihad splashes $1bn on retrofits as profit soars, jet shortages loom
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Etihad plans to invest $1 billion in retrofitting older jets, including Boeing 787 and 777 models, amid a surge in profits and aircraft shortages.
November 14, 2024 | 1:15 pm
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Etihad's $1 billion investment in retrofitting Boeing 787 and 777 jets could boost Boeing's service and parts revenue amid aircraft shortages.
Etihad's decision to retrofit Boeing jets indicates a demand for Boeing's services and parts, potentially increasing Boeing's revenue in these areas. The investment highlights the importance of maintaining existing fleets amid new aircraft shortages.
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