Etihad Airways and Garuda Indonesia have expanded a codeshare agreement to nearly double the number of destinations offered beyond their Abu Dhabi and Jakarta hubs as they seek to extend the reach of their joint networks.
The pact now covers 42 destinations across the Indonesian archipelago, South-East Asia, the Middle East, US and Europe, the Abu Dhabi Media Government Office said in a statement on Monday.
“This reflects Etihad’s continued drive for commercial sustainability and is part of our broader partnership strategy, which enables Etihad guests to access nearly 400 cities worldwide, in addition to Etihad’s operating network," Antonoaldo Neves, group chief executive of Etihad Airways, said.
The two airlines first signed the codeshare agreement in 2012. Codeshare deals allow airlines to offer more destinations to their passengers. Abu Dhabi's Etihad Airways has codeshare agreements with nearly 40 airlines worldwide, according to its website.
In November, Etihad Airways also expanded its codeshare partnership with budget airline JetBlue as it continues to boost its services in the US and North America.
Etihad Airways and Garuda Indonesia will explore more areas of collaboration "in the light of current market opportunities and company requirements", including cargo, maintenance, repair and overhaul, as well as pilot and crew training services, according to the statement.
The partners signed an initial agreement covering these areas of discussion on the sidelines of the B20 Summit in Bali, Indonesia, on November 12.
"With both airlines’ extensive networks worldwide and nationally, we believe that this extended partnership will not only give added value to Garuda Indonesia’s passengers to access popular destinations across the globe, especially to the United States, Turkey and Abu Dhabi, but will also offer a range of domestic destinations, especially in the area of east Indonesia for Etihad’s passengers," Irfan Setiaputra, president and chief executive of Garuda Indonesia, said.
Indonesia is an archipelago spanning more than 17,000 islands, making air travel necessary for the transport of people and goods, and providing "significant opportunities" for airlines to recover from the Covid-19 pandemic, he said.
Etihad Airlines and Garuda Indonesia will explore the potential to deepen their existing 10-year partnership not only in network expansion but also in other "promising" areas of business, Mr Setiaputra said.
What is an ETF?
An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.
There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.
The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.
There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.
While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
More from Neighbourhood Watch:
RESULT
Kolkata Knight Riders 169-7 (20 ovs)
Rajasthan Royals 144-4 (20 ovs)
Kolkata win by 25 runs
Next match
Sunrisers Hyderabad v Kolkata Knight Riders, Friday, 5.30pm
The Lost Letters of William Woolf
Helen Cullen, Graydon House
What is 'Soft Power'?
Soft power was first mentioned in 1990 by former US Defence Secretary Joseph Nye.
He believed that there were alternative ways of cultivating support from other countries, instead of achieving goals using military strength.
Soft power is, at its root, the ability to convince other states to do what you want without force.
This is traditionally achieved by proving that you share morals and values.
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
