Etihad, 2010 break even aim
United Arab Emirates: Tuesday, March 20 - 2007 at 07:43
Etihad Airways is to operate at a loss for the next three years as it continues on a major expansion drive, reported Gulf News. James Hogan, the recently appointed CEO, told the Dubai daily the airline is looking to consolidate over the next three years and will aim to break even in 2010. Since its 2003 launch, the carrier has acquired 22 aircraft and will receive another 11 this year.
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Jonathan Sheikh-Miller, Deputy EditorTuesday, March 20 - 2007 at 07:43 UAE local time (GMT+4)
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This Article was updated on Sunday, April 22 - 2007
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