The airline’s announcement comes after an elaborate strategy review that began in 2016 after it piled billions of dollars into a failed strategy of buying minority stakes in other airlines
Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet orders.
The Abu Dhabi-owned airline said in a statement that it has committed to take delivery of five Airbus A350-1000s and 26 A321neos plus six Boeing 777-9s over the coming years.
