Etihad CEO Hogan to go as carrier struggles with investments

EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS

EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS

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So pre-Christmas press reports are true: James Hogan, the authoritarian chief of Etihad, is set to leave in the second half of 2017. He takes CFO James Rigney with him to an unnamed investment company.

The move comes following concern over the carrier’s strategy and investments in Europe, in particular at Air Berlin and Alitalia. Job losses are expected at the Abu Dhabi carrier. You can read the carrier’s press statement here.

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  • KEVIN MONTEATH

    January 24, 2017 at 4:00 pm

    When you have the cash flow in abundance to acquire, stop to think what will be the repercussion backlash? Should have done more for the carrier with what’s available.
    It was a wrong move from inception! Time to move on.

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Air Berlin Alitalia Etihad