Etihad Airways Turmoil: Boeing, Airbus and Air Seychelles are on high alert
Etihad Airways is reviewing billions of dollars of aircraft ordered from Airbus and Boeing
Thousands of employees have left the UAE owned airline based in the capital Abu Dhabi- since it started overhauling its business in 2016.
Etihad Airways organizational restructuring is expected to lead to some redundancies of senior and mid-level management.
In an interview Group CEO Tony Douglas told Reuters Ethiad was restructuring the airline into seven business divisions reporting directly to Douglas.
The Chairman of Etihad Aviation Group, His Excellency Mohamed Mubarak Fadhel Al Mazrouei, had appointed Tony Douglas as Group Chief Executive Officer in January.
On its part the Gulf Business News reported that made announcements will see Etihad’s various business move into seven divisions:- operations, commercial, maintenance, repair and overhaul, human resources, finance, and support services and transformation.
Etihad, which competes with Emirates and Qatar Airways, also said it had appointed Mohammad al-Bulooki as a chief operating officer and Robin Kamark as a chief commercial officer.
A special concern was raised by Alain St. Ange, former minister of tourism and aviation for Seychelles. After all, he was in charge when Etihad started taking Air Seychelles under its wings. Today St.Ange said:
“A lot of questions are floating around Air Seychelles, which is partly owned by Etihad Holding since 2017, when the Saint Ange Tourism Report raised concerns about moving the shares of our airline to Etihad Holding Company. Today, major restructurings are taking place in Abu Dhabi and Air Seychelles is losing its reason for existence as the insurance policy for the Seychelles tourism industry. Concerns are being raised at applicable fares from Mauritius to India via Seychelles, and also from South Africa to India via Seychelles. These applicable fares are not encouraging holiday travels to Seychelles, but are instead favoring India as the holiday destination.”
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