"Etihad is a much leaner airline than it was three or four years ago, and it's far more fit for purpose than perhaps it was," he said. CEO Tony Douglas has downsized the airline to make it a better fit for the markets it serves, Clark said, without overextending itself.
"Etihad was improving its situation. It wasn't a very good situation but it was getting better. Emirates was on a roll up until January, we were going to finish one of our best financial years," he said. "So if you remove COVID, where were we? We were both getting on with our jobs." "I've seen the growth of mass movements in air over the last 45 years," he said. "And frankly it's unstoppable."
Sir Tim Clark, longtime president of Emirates. Clark, who has worked in the airline business since the early 1970s, helped found Emirates in 1985 as its head of planning.In any case, Clark said, the governments of Dubai and Abu Dhabi — which own the national airlines — would have final say.
Both will collapse
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook CEO Mark Zuckerberg says he speaks with President Trump 'from time to time' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. of course he does -- takes his orders the owner of Global Data MZ is another trump stooge
Source: BusinessInsider - 🏆 729. / 51 Read more »
Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
Source: BusinessInsider - 🏆 729. / 51 Read more »
6 ways to develop devoted customers and strengthen brand loyalty for your small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Prince Harry Denies ‘Offensive’ Claims He Stole From a Royal Charity to Support a Side Business.PrinceHarry denies 'offensive’ claims he stole from a royal charity to support a side business.
Source: StyleCaster - 🏆 104. / 63 Read more »