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Wednesday, December 2 - 2009

Masdar, Etihad Airways partner to promote sustainability

  • United Arab Emirates: Monday, April 13 - 2009 at 11:10
  • PRESS RELEASE

Masdar, Abu Dhabi's multi-faceted future energy initiative, and Etihad Airways, the national airline of the United Arab Emirates, today signed an agreement to cooperate across a range of activities to reduce the airline's carbon footprint through sustainable and energy efficient measures.

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  • James Hogan, CEO of Etihad Airways (left), and Dr. Sultan Ahmed Al Jaber, CEO of Masdar (right).
    James Hogan, CEO of Etihad Airways (left), and Dr. Sultan Ahmed Al Jaber, CEO of Masdar (right).
This is as part of Abu Dhabi's ongoing effort to implement innovative sustainability solutions.

"Etihad's partnership with Masdar is a demonstration of Abu Dhabi's commitment to environmental sustainability. This relationship with Etihad demonstrates that synergies and complimentary expertise between companies can lead to innovative solutions," said Dr. Sultan Ahmed Al Jaber, CEO of Masdar.

"The airline industry is rapidly turning its attention to finding alternative fuels and emission reduction schemes. This partnership presents Masdar and Etihad with the opportunity to position Abu Dhabi at the forefront of this shift in finding solutions to the issues of climate change," added Dr. Al Jaber

Under the agreement, Masdar, which is wholly owned by the Mubadala Development Company (Mubadala), will work with Etihad to support the implementation of the airline's environmental, management initiatives, in particular in relation to carbon and waste management.

Masdar will support the development of carbon management solutions to ensure Etihad's compliance with the European Union Emissions Trading Scheme, which comes into effect for aviation in 2012, as well as support the airline's voluntary carbon reduction initiatives.

In addition, Masdar will work with Etihad to enhance the airline's waste management plans and energy saving initiatives.

James Hogan, chief executive of Etihad Airways, said:
"As a new business, we are developing environmental policies to minimise our impact on the environment, in line with Abu Dhabi's vision and commitment to sustainability. This partnership with Masdar gives us the opportunity to benefit from their expertise and knowledge to help implement our environmental initiatives."


Under the partnership agreement Etihad will also support the UAE's bid to host the headquarters of the International Renewable Energy Agency (IRENA).
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Notes and media contacts

About Masdar:

Masdar is Abu Dhabi's multi-faceted initiative advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions. Masdar is a wholly owned subsidiary of the Mubadala Development Company (Mubadala); the Abu Dhabi government's investment vehicle.

About Etihad Airways:

Etihad Airways is the national airline of the United Arab Emirates based in the UAE's capital, Abu Dhabi.

Currently Etihad offers flights to 51 destinations in the Middle East, Europe, North America, Africa, Asia and Australasia

With an average aircraft age of three years, the Etihad fleet comprises 43 aircraft and is one of the youngest and most environmentally-friendly in the world.

Press contacts:

Masdar
Ladan Moeenziai
Tel +971 2 406 9848

Etihad
Corporate Communications
Tel: + 971 (0) 2 511 1032/ 1036

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