Etihad Orders Widebody Jets, Targets Pre-War Capacity Recovery in June
βοΈ ABU DHABI β A Gulf carrier is ordering planes while Hormuz stays shut. π LOOK CLOSER: Etihad committing to widebody orders contradicts Embraer's signal of frozen airline capex one day ago. Either Etihad has visibility others don't β UAE back-channel on Hormuz timeline β or it's a confidence signal designed to anchor investor sentiment. June capacity target implies expectation of strait reopening within weeks, not months.