Airline Finance News - Africa / Middle East.Apr 23, 2007 Etihad Airways Etihad Airways (Arabic: الإتحاد, ʼal-ʻitiħād) is the flag carrier of the United Arab Emirates. Etihad is based in Abu Dhabi, the capital of the UAE. Etihad Airways revealed select details of what CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Hogan hogan Dwelling of the Navajo Indians of Arizona and New Mexico. The hogan is roughly circular and constructed usually of logs, which are stepped in gradually to create a domed roof. called a "remarkable" first quarter during which passengers nearly tripled year-over-year to 1.03 million and revenue soared to AED AED - Automated Engineering Design 712 million ($193.9 million) from AED230.6 million in the year-ago period. Profit and loss figures were not supplied. Hogan cited "extraordinary" growth in both network and fleet over the past three years and "growing awareness of Etihad in key markets around the world" for the improvement. The carrier also reported a 130% year-over-year increase in ASKs and a 13.8-point rise in load factor to 68.3%. It has taken delivery of 15 aircraft in the past year and plans to add another 10 in 2007, bringing its fleet to 31 at year end. It also announced the appointment of Des Vertannes as its new executive VP of Crystal Cargo. He was head of Gulf Air's cargo operation. Apr 17, 2007 Gulf Air Money-losing Gulf Air to reduce fleet, cut routes in $825 million restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). Admitting it is losing more than $1 million daily, Gulf Air yesterday released details of an extensive $825 million restructuring that will see it transition from a mixed fleet of 34 aircraft to an all-Airbus fleet comprising 28 aircraft and refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. its long-haul international network to one centered mostly on serving the Middle East. Apr 18, 2007 Gulf Air Gulf Air, a loss-making airline based in Bahrain, said on Tuesday it would cut losses by shedding 25 percent of its work force, or about 1,500 jobs, a move that could send shockwaves through the Gulf kingdom. Apr 16, 2007 ZZ Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Apr 16, 2007 |
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