Money & BusinessUAE

UAE: Etihad to become a ‘mid-size’ carrier

Etihad on Sunday announced a few organizational changes aimed at transforming the company into a “mid-size, full-service” carrier with a “leaner, flatter and scale-able” structure.

The new operational model will result in changes to the airline’s executive leadership team. 

Etihad was hit particularly hard by the pandemic, which has continued to hurt global air travel demand. The airline reported operating losses of $758 million in the first six months of 2020 with revenues hit due to the closure of international borders, and the suspension of flights to halt the spread of the COVID-19 virus.

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