Employees Antonoaldo Neves, Chief Executive Officer of Etihad Airways, unveiled ambitious expansion plans during Day 2 of the Dubai Airshow. The airline intends to hire approximately 1000 employees annually for the next seven years, with the aim of doubling the size of its fleet.
Post-COVID Recovery and Recruitment
Highlighting the industry’s positive rebound post-COVID, Neves expressed optimism and revealed the airline’s commitment to significant recruitment. He stated, “We’re going to be hiring 800 to 1000 people every year for the next seven years. The plan is to double the size of the fleet in the next seven years.”
Fleet Growth and Value Creation: Employees
Neves emphasized that the expansion strategy is aligned with doubling the fleet’s size, a move he believes will create substantial value for the company. He praised the industry’s resilience, stating, “The industry is in good shape, and I’m really happy to see how the sector recovered from Covid.”
20 Years of Etihad Airways
Celebrating its 20th year of operations, Etihad Airways showcased its newest Boeing 787-9 at the Airshow. The aircraft is part of the airline’s growth plans, which include adding 10 percent year-on-year growth.
Challenges and Industry Supply Chain Issues: Employees
While expressing confidence in the airline’s execution capabilities, Neves acknowledged challenges in the aviation industry’s supply chain. He highlighted delays in plane deliveries and issues in the global supply of planes due to engine problems, noting the increasing difficulty in finding planes.
Expansion and Operational Changes
Despite challenges, Etihad Airways has expanded operations, adding 12 new destinations this year. The airline plans to add 10 new destinations in the coming year, including routes in India, Boston, and Nairobi.
Supply Chain Challenges and Growth: Employees
Neves addressed the broader industry challenge of supply chain issues, citing difficulties in obtaining planes, seats, and parts. He discussed the impact on Etihad Airways and the global aviation industry, expressing concern about the supply chain problem persisting for the next two or three years.
Midfield Terminal and Future Growth
Etihad Airways is transitioning a significant portion of its operations to the new Midfield terminal in Abu Dhabi, viewed by Neves as one of the world’s best terminals. The move is pivotal to the airline’s growth plan, aiming to accommodate 17 million passengers next year and 33 million passengers in the next seven years.
Luxurious Facilities and Operational Efficiency
Within the new terminal, a First and Business Class Etihad lounge spanning three floors offers premium amenities for travelers. Neves stressed the importance of the terminal for the airline’s growth and highlighted the seamless transition, stating, “We could not deliver our growth plan without that terminal. It’s perfect timing.”