Wednesday, 12 February 2014

Etihad Eyeing Latin America Partnerships to Extend Global Reach - Bloomberg

Etihad Eyeing Latin America Partnerships to Extend Global Reach - Bloomberg:



"Etihad Airways PJSC Chief Executive Officer James Hogan is preparing to unveil a series of Latin American partnerships as the Middle East’s third-largest airline bolsters its global network of local cooperations



“We’ll shortly announce partnerships with a number of South American airlines,” Hogan said in an interview at the Singapore Airshow yesterday.



The agreements will let Etihad expand in the region without deploying its own aircraft. Hogan has relied on a mix of internal growth, with a fleet of 90 jets that is set to grow by 17 jets this year, code-share arrangements and direct investments in carriers such as Air Berlin Plc (AB1) to make up ground to Emirates, the world’s largest airline by long-haul traffic.



“It’s not a race, it’s about running a business and mapping a strategy,” Hogan said. “We are building a balanced network.”"



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