The airline has taken a major step towards decarbonising flights through reducing its carbon emissions.
The UAE's national carrier is the first commercial airline to sign an agreement with World Energy, a carbon-net-zero solutions provider.
The move is significant as it will enable the airline to achieve its net zero goals.
Working together, both companies powered the first net-zero flight using Sustainable Aviation Fuel (SAF) via a Book & Claim system.
This was accomplished by displacing approximately 26,000 gallons of petroleum-based jet fuel through the use of net-zero equivalent gallons of World Energy’s SAF at Los Angeles International Airport (LAX).
The result was the elimination of approximately 250 metric tons of carbon related to Etihad’s regular routing flight from Washington Dulles to Abu Dhabi during COP27.
The NetZero flight is the latest in a series of “EcoFlight” tests since Etihad launched its Greenliner programme in 2020, each one testing and proving a series of concepts.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.