Taking Off

Etihad Airways hires more banks for $1 billion IPO, Bloomberg says

The listing will create the first publicly traded major Gulf hub carrier as Dubai's Emirates also contemplates going public

An Etihad aircraft at Zayed International Airport in Abu Dhabi (Getty Images)

Abu Dhabi’s Etihad Airways has hired BNP Paribas and Morgan Stanley as bookrunners on the $1 billion IPO it’s planning by the end of 2024, Bloomberg reports.

ADQ, the sovereign wealth fund that owns Etihad, previously picked...