James Hogan, President and CEO, Etihad Airways
Etihad Airways has just celebrated its 10th anniversary.
Etihad Airways has just celebrated its 10th anniversary. In just a decade, we have created from nothing a dynamic national carrier for a dynamic young nation, a world-class airline with a global presence and a company that continues to grow strongly in an industry known more for its challenges than its successes.
We are proud of our past and our achievements. But we are even more excited about our future and our opportunities, as new markets emerge, old markets reshape and the airline industry reinvents itself to meet changing economic and social requirements.
As the UAE continues to emerge as the next global business hub, Etihad Airways is building a global network to connect the world via Abu Dhabi.
Being one of the youngest airlines in the world, it is simply not possible for us to achieve the same scale as our major competitors, most of which have been well-established for decades, even generations. So we have developed a fresh business model for the airline industry, based on collaborative growth through a mix of organic expansion, codeshare partnerships and minority equity investments in other companies.
By the end of 2013, we had launched or announced equity investments in seven other airlines, three of which will truly take off in 2014.