The Abu Dhabi government has transferred the ownership of Etihad Aviation Group — the parent of Etihad Airways — to holding company ADQ, in a move aimed at transforming the emirate into a global aviation hub.
The Supreme Council for Financial and Economic Affairs “transferred full ownership” of EAG to ADQ, it said in a statement on Tuesday.
“The aviation sector is critical to Abu Dhabi’s economic growth plans and prosperity. With Etihad joining ADQ’s mobility and logistics cluster, we…