Etihad Airways keen to expand in South America
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South America is fast becoming a potential region for several international carriers, following suite is Etihad Airways who has announced its intent to expand in the region.
President and Chief Executive Officer, James Hogan said that the airline is currently exploring partnership opportunities. In an effort to strengthen its code-share offerings and enhance its route network, Hogan is of the opinion that codeshare partnerships and equity stakes are a significant and growing part of the airline’s expansion strategy.
“Brazil is one of the fastest growing economies in the world. Bi-lateral trade between Brazil and the UAE is valued at nearly US$3 billion annually, with authorities aiming to lift this to US$10 billion within five years. In addition to supporting growing ties between Brazil and the Middle East, this new route complements Etihad Airways’ recent expansion in North Asia, including the recent introduction of services to Chengdu and Shanghai and the upcoming increase to daily Tokyo services with connections to Nagoya from April 2013,” added Hogan.
Hogan was in Sao Paulo late last week to meet prominent local diplomats, travel industry executives, media and corporate representatives.