Thursday 29 November 2012

How to turn around airlines and make them profitable | GulfNews.com

James Hogan, President and Chief Executive Officer of Etihad Airways – the man from Down Under – is right now on top of the world. And that is for a number of reasons.
First, he has successfully turned around two airlines – Gulf Air and Etihad Airways –one after the other and made them profitable during the last nine years. Hogan made his leadership mark in 2005 when he had brought Gulf Air to the black from being years in the red following a three-year turnaround period from 2002. He then led Etihad Airways from 2006 to make it profitable last year.
These were achieved at a time when the global aviation industry has been reeling from multiple challenges such as increased competition, high oil prices, dwindling profit margins and low yield.

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