James Hogan, president and CEO of Etihad Airways, tells Aviation Week he will “stand by for the long haul” as Air Berlin attempts to revive its fortunes. Hogan’s commitment comes as reports surface that Air Berlin is about to announce a 10% cut in its workforce as part of a broader cost-cutting initiative. Details of the plan are expected to emerge tomorrow when the German carrier reports its third-quarter results. Etihad in December 2011 became Air Berlin’s biggest shareholder under ...
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