Etihad Airways and China Eastern Airlines announced the signing of a joint venture (JV) to cement the strategic partnership between the two airlines.
The agreement, signed at Etihad Airways’ headquarters in Abu Dhabi, marks the first commercial JV between a Middle Eastern airline and a Chinese airline.
The JV will enable the airlines to jointly develop and grow the routes between the UAE and China, resulting in a stronger combined network.
It is expected to offer expanded travel options and seamless travel experiences for passengers travelling between major Chinese cities like Shanghai, Beijing, Xi’an, and Kunming, and key cities in the UAE and across the Middle East and Africa regions.
Etihad Airways and China Eastern Airlines will implement the joint venture cooperation in early 2025 when both teams secure all necessary regulatory clearances.
Additionally, both airlines will introduce full reciprocity to their existing frequent flyer programmes in the final quarter of 2024.
Mohamed Ali Al Shorafa, Chairman of Etihad Aviation Group, lauded the agreement as a landmark achievement.
“This joint venture signifies a deep commitment to strengthening the bonds between the UAE and China, while fostering deeper cultural and economic ties. We look forward to welcoming a greater number of Chinese tourists to explore the rich cultural heritage and vibrant experiences that the UAE has to offer,” he said.
China Eastern Airlines Chairman Wang Zhiqing said the signing of the JV signifies a new level of collaboration, and China Eastern is eager to work with Etihad Airways to expand the cooperation in the various business areas, and thereby enhance the strategic partnership between both airlines.
“This year marks the 40th anniversary of diplomatic relations between China and the UAE. Both countries continue to develop and strengthen the high-value, strategic collaboration on the Belt and Road Initiative, and this momentum creates opportunities and motivation for deepening cooperation between China Eastern Airlines and Etihad Airways,” Zhiqing said.