Etihad keen to capitalise on Qantas’ woes
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Etihad Airways CEO James Hogan has revealed the Abu Dhabi airline plans to capitalise on Australian rival Qantas’ plans to cut a significant number of international routes in a bid to stem multi-million dollar losses.Qantas is currently assessing how best to combat the more than $200 million worth of losses it expects to rack up on international routes this year.An internal review of its international services division has fuelled speculation certain routes, including those to the US cities of Los Angeles and New York, could be axed.Speaking to Melbourne broadsheet The Age, Hogan said Etihad was keen to step into any breach left by Qantas.”They [Qantas] don’t have the network they had of 15 years ago,” he said.”As Qantas starts restructuring their network, it presents even further opportunities for us to strengthen our foothold in the market.”The Gulf airlines and the Asian carriers out of Australia will have a stronger consumer offering – whether it’s leisure or corporate.”If they [Qantas] do dilute or marginalise their international flying that’s a great opportunity for us
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