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Etihad Airways supports 23,400 US jobs, delivers $2.9 billion

Staff writer |
Etihad Airways will contribute $2.9 billion to the US economy and support 23,400 American jobs this year, according to new research by Oxford Economics.

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The study, commissioned by Etihad Airways, projects that by 2020, the airline’s operating expenditure and capital investments will almost double to support 46,200 American jobs and deliver $6.2 billion a year.

These are among the key conclusions of the Oxford Economics Report, released today by Vijay Poonoosamy, Vice President International and Public Affairs of Etihad Airways, to quantify the economic contribution which the airline makes to the US.

The study assessed the airline’s capital expenditure with US suppliers and its operating expenditure in the country to calculate a value for direct, indirect, induced and catalytic contributions.

2020, Oxford Economics calculates that we will have committed $41 billion to the US GDP through a combination of direct expenditure on our day-to-day operations in the US.

Since 2004, when it announced plans to acquire five Boeing 777-300ER aircraft, Etihad Airways has introduced or ordered almost120 Boeing aircraft at a current list price of $36.5 billion, including more than 70 B787 Dreamliner and 25 next-generation B777X aircraft. The airline has also chosen US suppliers for other equipment ranging from cabin interiors to inflight entertainment systems.

A number of US airlines were also beneficiaries of Etihad Airways’ presence in the US market.

In 2014, Etihad Airways delivered 182,000 connecting passengers onto US airlines including American, United, Delta and Jet Blue. This is forecast to grow to approximately 300,000 in 2015, an increase of 65 per cent, following the introduction last year of new routes to Los Angeles, San Francisco and Dallas Fort Worth.

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