20-Mar-2015 3:55 PM
Aviation industry 'regulated and closed', consolidation difficult: Etihad Airways CEO
Etihad Airways president and CEO James Hogan said (17-Mar-2015) open skies is successful, but the airline industry remains one of the most regulated and closed in the world. International consolidations is very difficult due to bilateral regulation, restricting investment "in a way that would be deemed bizarre in many other industries". [more - original PR]