Etihad Airways expects to cut staff under a restructuring plan announced on Tuesday that will see group CEO Tony Douglas take over direct responsibility of the airline business.
State-owned Etihad has been overhauling its business since 2016, when it plunged into a loss following a slowdown in airline passenger growth and failed investments in foreign airlines such as Air Berlin and Alitalia.
Read: Abu Dhabis Etihad Airways reports $1.52bn loss for 2017
The company said on Tuesday the reorganisation would help to improve its operational performance, but did not give any de…
Read the full article at: http://gulfbusiness.com/abu-dhabis-etihad-airways-change-ceo-under-restructuring/