[5] In February 2012, the United Arab Emirates national carrier, Etihad Airways, invested US$45 million in Air Seychelles for a 40% share in the airline following problems of management and profitability.
After operating at a loss for two years in a row, Air Seychelles planned to restructure and re-position itself to return to profit.
[7] The plan is aimed at ensuring the long-term profitability and sustainability for the airline, in response to rapidly increasing competition.
Following problems of management and profitability, Etihad Airways acquired a 40 percent stake in Air Seychelles in 2012, in a deal worth $45m.
[9] The key trends for Air Seychelles over recent years are shown below (as at year ending 31 December): Air Seychelles VIP is a specialised facility offering services for VIP passengers, aircraft crew and aeronautical technical support, including fixed-base operation which is managed in conjunction with Royal Jet.