Etihad reveals $7 billion investment plan over five years, will retrofit old Boeing jets

Etihad's Group Chief Executive Officer Antonoaldo Neves revealed passengers should expect "a totally different airline" within the next two to three years.

Speaking to CNBC's Dan Murphy, Etihad's Group Chief Executive Officer Antonoaldo Neves revealed passengers should expect "a totally different airline" within the next two to three years. The expanded network of planes will allow the company to offer more "convenient" time slots for passengers traveling to Europe and Southeast Asia who want to travel at 2 p.m. in the afternoon rather than in the early hours of the morning, he said.

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Boeing Defense Chief Ted Colbert Departs Amidst Company StrugglesTed Colbert, president and CEO of Boeing Defense, Space & Security (BDS), is stepping down from his position at the aerospace giant. This move comes amidst ongoing challenges for Boeing, including financial pressures and scrutiny following a series of aircraft failures and supply chain issues.
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