Etihad Airways has announced the launch of its new Airbus A321LR, a narrow-body aircraft that the Abu Dhabi airline promises will deliver the same standard of luxury it is known for on wide-body, long-haul flights.
This includes the introduction of the carrier’s new first-class suite: two private, enclosed spaces with sliding doors, lie-flat beds and companion seating, along with a large 20-inch 4K screen for entertainment with Bluetooth pairing and wireless charging.
The new business-class cabin will feature 14 lie-flat 78-inch beds arranged in a 1-1 herringbone configuration, each with direct aisle access and a 17.3-inch 4K in-flight entertainment screen.
Meanwhile, in economy, there will be 144 18.4-inch-wide seats offering up to a five-inch recline, plus 13.3-inch 4K touchscreens and USB charging.
Etihad chief executive Antonoaldo Neves said the airline is at a “transformational moment” as the A321LR brings the airline’s wide-body luxury to a single-aisle jet for the first time.
“The A321LR is an amazing aircraft which proves our commitment to luxury, customer experience and connectivity,” he said at a media briefing at Arabian Travel Market.
“We’ve taken the luxury experience we’re known for on long-haul flights and adapted it seamlessly to short and medium-haul routes – all while keeping guests connected with superfast Wi-Fi.”
The bespoke service extends beyond the flight, as first-class guests booking on the A321LR will also have access to the new Etihad concierge – a 24/7 travel planning service – as well as private chauffeur transfers at arrival and departure destinations.
At Abu Dhabi’s Zayed International Airport, Etihad is enhancing ground services via dedicated check-in, private lounge access, and meet-and-assist services that take passengers to the aircraft door in a private limousine if the flight does not board directly from the terminal.
First-class customers will also benefit from free home check-in and land-and-leave services that allow guests to travel baggage-free through the airport.
The first A321LR enters service on August 1, with 10 aircraft joining the fleet by year-end, a further 10 being delivered next year and another 10 in 2027. The aircraft will initially operate routes linking the UAE capital with cities such as Athens, Milan, Paris, Riyadh, Bangkok, Phuket and Zurich, among others.
By focusing on key regional and medium-haul routes, the airline aims to connect the UAE more efficiently to major tourist and business centres, supporting the emirate’s broader economic and tourism ambitions.
Set to launch this August, the introduction of this new aircraft marks a milestone in Etihad’s Journey 2030 strategy to double fleet size and triple passenger numbers within the next five years.
It is also aggressively expanding its network, with plans to open 16 new destinations in 2025 alone, including destinations like Phnom Penh in Cambodia and Chiang Mai in Thailand, marking the first time the UAE has been connected directly to these cities.
Last month, Etihad also signed a joint venture with Ethiopian Airlines as the two carriers aim to develop routes between the UAE and Ethiopia, tapping into the countries' growing aviation markets. Etihad will start daily flights from Zayed International Airport to Addis Ababa Bole International Airport from October 1, while Ethiopian Airlines will begin reciprocal services on July 15. Etihad is slated to start two more African routes in 2025, to Tunis and Algiers, both in November.
Neves said the airline is in “good shape”. “We are having a great April,” he said. This comes after Etihad reported a total revenue increase of 25 per cent annually last year, driven mainly by a surge in passenger revenue. Passenger traffic grew by 32 per cent annually to 18.5 million, as Etihad Airways launched more than 20 new destinations during the year, including Boston, Jaipur, Bali and Nairobi.
LOVE%20AGAIN
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Coffee: black death or elixir of life?
It is among the greatest health debates of our time; splashed across newspapers with contradicting headlines - is coffee good for you or not?
Depending on what you read, it is either a cancer-causing, sleep-depriving, stomach ulcer-inducing black death or the secret to long life, cutting the chance of stroke, diabetes and cancer.
The latest research - a study of 8,412 people across the UK who each underwent an MRI heart scan - is intended to put to bed (caffeine allowing) conflicting reports of the pros and cons of consumption.
The study, funded by the British Heart Foundation, contradicted previous findings that it stiffens arteries, putting pressure on the heart and increasing the likelihood of a heart attack or stroke, leading to warnings to cut down.
Numerous studies have recognised the benefits of coffee in cutting oral and esophageal cancer, the risk of a stroke and cirrhosis of the liver.
The benefits are often linked to biologically active compounds including caffeine, flavonoids, lignans, and other polyphenols, which benefit the body. These and othetr coffee compounds regulate genes involved in DNA repair, have anti-inflammatory properties and are associated with lower risk of insulin resistance, which is linked to type-2 diabetes.
But as doctors warn, too much of anything is inadvisable. The British Heart Foundation found the heaviest coffee drinkers in the study were most likely to be men who smoked and drank alcohol regularly.
Excessive amounts of coffee also unsettle the stomach causing or contributing to stomach ulcers. It also stains the teeth over time, hampers absorption of minerals and vitamins like zinc and iron.
It also raises blood pressure, which is largely problematic for people with existing conditions.
So the heaviest drinkers of the black stuff - some in the study had up to 25 cups per day - may want to rein it in.
Rory Reynolds
ELECTION%20RESULTS
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ICC Awards for 2021
MEN
Cricketer of the Year – Shaheen Afridi (Pakistan)
T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)
ODI Cricketer of the Year – Babar Azam (Pakistan)
Test Cricketer of the Year – Joe Root (England)
WOMEN
Cricketer of the Year – Smriti Mandhana (India)
ODI Cricketer of the Year – Lizelle Lee (South Africa)
T20 Cricketer of the Year – Tammy Beaumont (England)
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat
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Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
COMPANY%20PROFILE
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Brief scores:
Toss: Australia, chose to bat
Australia: 272-9 (50 ov)
Khawaja 100, Handscomb 52; Bhuvneshwar 3-48
India: 237 (50 ov)
Rohit 56, Bhuvneshwar 46; Zampa 3-46
Player of the Match: Usman Khawaja (Australia)
Player of the Series: Usman Khawaja (Australia)
Strait of Hormuz
Fujairah is a crucial hub for fuel storage and is just outside the Strait of Hormuz, a vital shipping route linking Middle East oil producers to markets in Asia, Europe, North America and beyond.
The strait is 33 km wide at its narrowest point, but the shipping lane is just three km wide in either direction. Almost a fifth of oil consumed across the world passes through the strait.
Iran has repeatedly threatened to close the strait, a move that would risk inviting geopolitical and economic turmoil.
Last month, Iran issued a new warning that it would block the strait, if it was prevented from using the waterway following a US decision to end exemptions from sanctions for major Iranian oil importers.
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
RESULT
Esperance de Tunis 1 Guadalajara 1
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
