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# V I FINi-\ 1 D AIRWAYS
ABU DHABI
May 27, 2015

The Honorable John Kerry 

### Secretary United States Department of State 2201 C Street, NW Washington, DC 20520 The Honorable Anthony Foxx Secretary United States Department of Transportation 1200 New Jersey Avenue, SE Washington, DC 20590 The Honorable Penny Pritzker Secretary United States Department of Commerce 1401 Constitution Avenue, NW Washington, DC 20230 RE: The economic impact of Etihad Airways on the US economy Dear Secretaries Kerry, Foxx, and Pritzker, As noted during our meetings in March with your staff at the Departments of State, Commerce, and Transportation, Etihad is preparing a comprehensive response to the allegations made by Delta, American, and United (the U.S. 3). However, as promised during those meetings, we are releasing certain parts of our response as they become available. The third of these is a report from Oxford Economics entitled "The economic impact of Etihad Airways on the US Economy," which was commissioned by Etihad Airways. Oxford Economics finds that Etihad Airways makes a substantial contribution to the US economy and workforce. In the attached report, Oxford Economics quantifies Etihad's economic impact in the US from our first flight into New York City in 2006 to the six US routes we operate today, serving some 1.2 million passengers in 2015.

qq V ~ R TN[R ~ 901 15th Street, NW Suite 610, Washington, DC 20005 AIR A WAYS Tel: 1-888-8 ETIHAD Fax: +1 202 735-2620 National Airline of The United Arab Emirates etihad.Com

# CTII- i~~ AIRWAYS ABU DI-IABI



### The study estimates that in 2015: • Etihad will contribute over $2.9 billion to US GDP and sustain over 23,400 American jobs • Etihad's global operations will contribute $920 million to the US economy and sustain 7,900 jobs • Etihad's investment in aviation-related equipment in 2015 with US suppliers, such as Boeing and GE, will contribute a further $2.0 billion to GDP and sustain nearly 15,600 American jobs • Etihad will deliver 260,000 visitors to the US tourism industry o Through their spending, these visitors will contribute $1.6 billion to US GDP and sustain 19,400 American j obs • Etihad's contribution to US connectivity will add $410 million to US productivity o This impact is forecast to reach almost $850 million by 2020 due to the growing importance of Abu Dhabi as a gateway airport to the Indian subcontinent and other emerging economies

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### • Etihad will carry nearly 80,000 tons of cargo between the US and the world o 57% of this tonnage will be carried in partnership with US-based Atlas Air Worldwide The benefits of Etihad's US service extend to the three largest US airlines, Delta, United, and American, as well. In 2014, Etihad Airways delivered 182,000 connecting passengers onto these and other US airlines, such as JetBlue. This passenger contribution is forecast to grow to approximately 300,000 in 2015, a year over year increase of 65% and a substantial boost to US carriers' domestic networks. Oxford forecasts that by 2020 the contribution of Etihad's operations and aviation-related investments to US GDP will reach almost $6.2 billion and sustain 46,200 jobs. Therefore, the total impact of Etihad's operational and aircraft-related investment on the US economy from 2006 to 2020 adds up to $41 billion. Etihad Airways is proud to be a strong partner of the US economy, its airlines, its workers, and its companies. Yours sincere ,

Vijay Poonoosamy Vice President, International & Public Affairs Encl.

- VARTNER ETIF-l^D 2 901 15th Street, N W Suite 610, Washington, DC 20005 AIRWAYS Tel: 1-888-8 ETIHAD Fax: +1 202 735-2620 

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National Airline of The United Arab Emirates etihad.com