Etihad Won’t Be Reduced to ‘Boutique’ Airline Status, CEO Says - Bloomberg:
" Etihad Airways PJSC intends to remain a major global carrier as it works on re-sizing its global business following record losses, according to new Chief Executive Officer Tony Douglas. The Persian Gulf company, which has built up a vast inter-continental route network and spent billions of dollars on plane purchases, has no intention of becoming a “boutique” operator and still aspires to being an “airline of choice,” Douglas said Monday in Abu Dhabi, where Etihad is based. At the same time, failed investments in Alitalia SpA and Air Berlin Plc -- which both filed for insolvency last year after Etihad pulled the plug on funding -- have led to a more “strategic” approach to expansion, according to Douglas, who took over in January."
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