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Tuesday, 24 January 2017

UPDATE 1-Top execs of UAE's Etihad to quit but airline says committed to strategy | Reuters

UPDATE 1-Top execs of UAE's Etihad to quit but airline says committed to strategy | Reuters:

"The veteran chief executive of Abu Dhabi's Etihad Aviation Group, which owns one of the Middle East's top airlines, will leave this year, but the carrier remains committed to a system of equity alliances that he developed, Etihad said on Tuesday.

Australian James Hogan, 60, who over the past 10 years built Etihad into an aggressive competitor to Dubai's Emirates and Qatar Airways, will step down as president and CEO of the group in the second half of 2017. Chief financial officer James Rigney will also leave this year, Etihad said.

Chairman Mohamed Mubarak Fadhel al-Mazrouei said Etihad was continuing a "company-wide strategic review" which could include adjustments to the network of equity partnerships with other carriers that Hogan used to engineer rapid growth at Etihad."



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