Abu Dhabi Commercial Bank Credit Card holders can now receive a 10 per cent discount on Etihad Airways flights

Press release

Published April 10th, 2011 - 09:45 GMT

Abu Dhabi Commercial Bank

Holders of the Abu Dhabi Commercial Bank (ADCB) Etihad Guest “Above” Credit Card can now receive a 10 per cent discount on Etihad Airways flights.

The special promotion is open exclusively to holders of the card who can book the fares directly through www.etihad.com; Etihad ticketing offices and contact centre before 31 May 2011 and start their outbound travel on or before 15 June 2011.

The promotion offers card holders the chance to make valuable savings on travel expenses for the upcoming summer holiday season as well as earning the same Etihad Guest miles as they would for buying a full fare ticket.

Peter Baumgartner, Etihad Airways’ Chief Commercial Officer, said: “We are pleased to unveil this special fare promotion for Etihad Guest “Above” card holders as it will offer great savings on flights as we enter the summer holiday season.

“Applications for the Etihad Guest “Above” Credit Card continue to grow and we, along with our partners at Abu Dhabi Commercial Bank, are delighted to offer incentives like this that really make a difference.”

Arup Mukhopadhyay, Executive Vice President and Head Consumer Banking at ADCB, said: “At ADCB we continuously look to provide the best services and promotional offers to our customers. Our partnership with Etihad producing the co-branded credit card has been a great example of this and really added value to customers.

“Through our strong relationship with Etihad we are constantly looking for more ways to enable ADCB Etihad Guest Above Credit Card customers to enjoy a luxury travel service at a discounted price.

“Ensuring both ADCB and Etihad are able to provide quality banking and travel services to our growing customer base remains a key area of focus and one which we feel has experienced great success.”

Commenting on the promotion, Kamran Siddiqi, Group Country Manager Visa Middle East said: “Visa continuously strives to enhance customer experiences by offering rewarding travel benefits through strategic partnerships with leading service providers. We are delighted to launch this new and exclusive promotion in partnership with ADCB and Etihad Airways, and hope that our cardholders take advantage of this exciting offer”.

Etihad and ADCB teamed up in 2010 to offer the co-branded credit card to customers across the UAE, available through Classic, Gold, Platinum or Infinite cards and exclusively via the Visa International network.

Customers receive value added, exclusive benefits through the Etihad Guest Above credit card, including up to two Etihad Guest miles for every USD $1 spent and up to 50,000 Etihad Guest miles as a welcome bonus.

Background Information

Abu Dhabi Commercial Bank

ADCB was formed in 1985 and today after integration employs over 3,350 people from over 45 nationalities, serving approximately 590,000 retail customers and over 20,000 wholesale clients. It is the third largest bank in the UAE and second largest in Abu Dhabi by assets, at AED 163.7 billion as at March 31st, 2010.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative, Islamic products, project finance and property management services.

ADCB is owned 64.8% by the Abu Dhabi Government through the Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market.

ADCB has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector in November, 2009. In February 2010, ADCB won The World Finance Corporate Governance Award for “Best Corporate Governance in the UAE” and was recently named “Best Retail Bank in the UAE and GCC 2010” by The Asian Banker magazine in March 2010.

Company Profile

Etihad Airways

As an airline, Etihad has come a long way in a short time – just like its home Abu Dhabi.

The airline was established by Royal (Emiri) Decree in July 2003 and is wholly owned by the Government of Abu Dhabi with a mandate to operate safely, commercially and profitably.