Etihad from Abu Dhabi adopted Fast Growth thinking and tried to invest in all sort of airlines around the globe. Some of them I hadn't even heard of until recently. On the flip side, Etihad posted 1.87 billion-dollar loss in which most money was dropped from 2 heartbreaking Airlines as Alitalia and Air Berlin.
Niki isn't doing that well either....
Etihad buys 8 Airlines
On May 2, Alitalia, Italy’s chronically unprofitable national carrier, requested “Special Administration.” That’s the Italian/European equivalent of Chapter 11 bankruptcy in the United States. Within the span of 2 months, Air Berlin also filed for the same.
The whole episode started because Mr. James Hogan (as CEO Of Etihad) in 2011 decided to speed up the growth...
As I wrote a couple of days ago that USA is planning to remove the #electronicbans officially.
Well, the good news is that the process has already started with Abu Dhabi being cleared off the Electronic ban. Abu Dhabi has pre-clearance facility that has one of the best security in the world.
The electronics ban was introduced over the concern of...
So many people dream of flying first class sometime but are made to do with Business class. However, Etihad and American Express have come up with a wonderful promotion that would allow you to automatically upgrade you to first class if you buy a business class ticket with them. Of course, fares would be little higher than lowest business class...
An Italian newspaper recently reported that Etihad was in talks with Lufthansa over the possibility of buying a stake in them. It was even suggested that the two airlines may enter a full-blown merger, which might not be the case.
The relationship between Etihad and Lufthansa is a new one, and is due to their mutual connection to airberlin —...
Yesterday what started as Royal Jordanian tweet that caught the Internet on fire. It looked that it was Royal Jordanian was banning people from using electronics on their flight. However, it quickly escalated that it wasn't just one airline trying to differentiate customers but a directive by US Homeland Security.
Slowly, the news started escalating as Homeland Security put out information...
Why does a removal of Etihad CEO spell doom for Air Malta and Alitalia?
Appointed in 2006 as Etihad CEO, James hogan undertook a campaign of rapid expansion outside the middle east. His growth spurt led to a bigger more diverse Etihad with 86 passenger and cargo destinations operating 120 air crafts.
In July 2008, he signed one of the largest aircraft...
