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Wednesday, 8 February 2017

Etihad CEO Defends Strategy as Airline Grows Wide-Body Fleet - Bloomberg

Etihad CEO Defends Strategy as Airline Grows Wide-Body Fleet - Bloomberg:

"Etihad Airways PJSC group chief James Hogan, who is standing down as the Gulf carrier grapples with losses at European partners, detailed growth plans for 2017 while defending his strategy as one that’s attracting passengers and is here to stay.

Etihad will add 12 wide-body aircraft, including two A380 superjumbos, swelling capacity in what will be “another challenging year,” the Abu-Dhabi-based carrier said in a statement Tuesday. That follows the addition of 10 planes in 2016, three of them A380s.

Hogan, due to leave in the second half, said in the release the aim is to expand “prudently and efficiently” in light of the prevailing economic environment, adding: “We remain optimistic and have every belief that our robust business model will succeed and, most importantly, stand the test of time.”"



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