11-Apr-2013 2:24 PM
Etihad Airways CEO forecasts reshaping of networks to meet new traffic flows
Etihad Airways CEO James Hogan said (10-Apr-2013) economic instability, uncertainty of fuel prices and supply and the rapid growth of air travel in India, Africa and the Middle East meant airlines would need to reshape their networks to accommodate changing traffic flows. Mr Hogan said reducing costs, improving productivity and accessing new markets affordably would require "the vision and willingness to be different." Mr Hogan said, "Airlines across the world need to adapt to 'the new world' and identify and tap into growth markets. The industry must source and train staff for this new growth, as well as explore cost-effective growth opportunities." [more - original PR]