Etihad flying on a bidding ride

MANAGEMENT GURU

Etihad Airways, a UAE-based airline devises to invite aircraft makers Airbus and Boeing to bid a call for single and twin-aisle aircraft in forthcoming year. As Abu Dhabi government plans to expand its network in Middle East and other nations like India, Etihad had an eye on new long range aircraft s including Airbus’s new A350 and Boeing’s 787 Dreamliner. Etihad, which has 25 aircraft s under its net, intends to add routes to growing markets like India, specifically to high potential destinations like Calcutta and Bangalore. Etihad estimates its revenues to rise 60%, boosting sales to $1.25 billion this year. This can be due to its expansion scheme as compared to that of 0.78 billion last year while managing 2.83 million passengers.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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