Etihad raises funds tied to UN sustainable development goals

Etihad Airways, the national carrier of the United Arab Emirates, has become the first airline to secure funding for a project based on its compatibility with the Sustainable Development Goals of the United Nations.  Through a partnership with First Abu Dhabi Bank and Abu Dhabi Global Market, the airline will borrow €100 million (AED 404.2 million) to support expansion of the Etihad Eco-Residence, a sustainable apartment complex for the airline’s cabin crew. Adam Boukadida, Senior Vice President Treasury, Tax & Finance, Etihad Aviation Group, said the process to secure the loan hinged on a detailed international verification of the airline’s