{"id":4399,"date":"2016-03-07T13:33:55","date_gmt":"2016-03-07T10:33:55","guid":{"rendered":"http:\/\/tourism.plus4d.com\/2016\/03\/07\/etihad-airways-partners-with-citi\/"},"modified":"2016-03-07T13:33:55","modified_gmt":"2016-03-07T10:33:55","slug":"etihad-airways-partners-with-citi","status":"publish","type":"post","link":"https:\/\/www.tourismworld-seyaha.com\/?p=4399","title":{"rendered":"Etihad Airways partners with CITI"},"content":{"rendered":"<p style=\"direction: ltr;\"><span style=\"font-size: 14pt;\">WTTEN- international cash management bank partner.<\/span><\/p>\n<p style=\"direction: ltr;\"><span style=\"font-size: 14pt;\">The new mandate, covering the airline\u2019s worldwide operations outside the GCC, will enable the airline to leverage Citi\u2019s substantial investment in financial technology to further develop its cash management operations and help reduce costs.<\/span><\/p>\n<p style=\"direction: ltr;\"><span style=\"font-size: 14pt;\">Etihad Airways will now be able to utilise Citi\u2019s Liquidity Management solution to achieve substantial cash optimisation and competitive market rates through automated treasury tools, resulting in significant transaction cost savings.<\/span><\/p>\n<p style=\"direction: ltr;\"><span style=\"font-size: 14pt;\">James Rigney, Etihad Airways chief financial officer, said: \u201cThe agreement with Citi is designed to drive more cost benefits for our business on a global level. As Etihad Airways continues to grow, this partnership will help bring about greater economies of scale, increased operational efficiency, enhanced financial procedures and immediate solutions to local needs across our worldwide operations.\u201d<\/span><\/p>\n<p style=\"direction: ltr;\"><span style=\"font-size: 14pt;\">The enhanced partnership comes a year after signing of an innovative Supply Chain Finance (SCF) agreement between Etihad Airways and Citi enabling the airline to unlock liquidity and pay its suppliers almost immediately through funding provided by the bank.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTTEN- international cash management bank partner. The new mandate, covering the airline\u2019s worldwide operations outside the GCC, will enable the airline to leverage Citi\u2019s substantial investment in financial technology to further develop its cash management operations and help reduce costs. Etihad Airways will now be able to utilise Citi\u2019s Liquidity Management solution to achieve substantial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-4399","post","type-post","status-publish","format-standard","hentry","category-46"],"_links":{"self":[{"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=\/wp\/v2\/posts\/4399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4399"}],"version-history":[{"count":0,"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=\/wp\/v2\/posts\/4399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tourismworld-seyaha.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}