Etihad Airways Group CEO Antonoaldo Neves has the precarious job of balancing growth with profitability and margins. Neves is the rare premium airline chief who talks of saving $150 million a year—through the minutest of cut downs like double catering of food—even as he aims to double his airline’s size and keep it as premium as it has always been.
Etihad’s net profit grew fivefold to $143 million in 2023 (it turned around in 2022 from losses worth billions of dollars) but it remains a fraction of earnings clocked by rivals Emirates and Qatar. Neves however isn’t bothered about “our friends in the Gulf” too much. As he overhauls Etihad’s network, India features among its top three markets globally.
In the latest Corner Office Conversation, Neves talks to hosts Anirban Chowdhury and Forum Gandhi about the flight path he has planned for the airline.
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Check out other interesting episodes from the host like: Has ONDC Managed To Take On Amazon And Flipkart?, Shein, Luxshare, Huaqin..why are Chinese cos returning to India?, SME IPO Frenzy: Boom or Bubble?, and more!
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